VerbatimParliament, as it happens

Wealth: Taxation

Asked by Andrew GriffithConservativeTreasuryTabled Answered 10 July 2025UIN 65661

The question

To ask the Chancellor of the Exchequer, if she will make an assessment of the fiscal impact of introducing a wealth tax.

Answered by James Murray

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 Autumn Budget 2024 to help fix the public finances in as fair a way as possible.  These and other decisions announced at the Budget will help repair the public finances and fund public services such as the NHS and education.

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