Wealth: Taxation

(asked on 14th July 2025) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what impact assessments they have carried out in relation to a wealth tax.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 22nd July 2025

The Government is committed to making sure the wealthiest in our society pay their fair share of tax. That is why the Chancellor announced a series of reforms at the Budget in 2024 to help fix the public finances in as fair a way as possible.  These and other decisions announced at the Budget in 2024 will help repair the public finances and fund public services such as the NHS and education.

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