Taxation

(asked on 17th October 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of (a) equalising capital gains tax with income tax, (b) applying national insurance to dividends from (i) shares, (ii) rent from property and (iii) interest on savings, (c) reviewing the effectiveness of (A) assets placed in trust, (B) business relief on AIM-listed shares, (C) agricultural and business relief and (D) other inheritance tax exemptions, (d) introducing a tax on share buybacks and (e) introducing a 2% wealth tax for assets of more than £10 million.


Answered by
James Murray Portrait
James Murray
Exchequer Secretary (HM Treasury)
This question was answered on 22nd October 2024

The government will set out any changes to taxation at fiscal events. Its plans at the Budget on October 30th will support its objectives of restoring fiscal responsibility whilst protecting working people.

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