Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will estimate the income to the Exchequer in 2020-21 had an investment income surcharge of the forms in existence until 1983 been in place.

This question was answered on 21st November 2022
The Government has no current plans to reintroduce the investment income surcharge. As with all aspects of the tax system, the Government keeps tax reliefs under review and any decisions on future changes will be taken by the Chancellor in the context of the wider public finances.