Select committee: Treasury Committee
Conclusion 11
Twelfth Report - Tax after coronavirus
Published 1 Mar 2021
Paragraph 88
Addressed to HM Treasury
Treasury Committee Tax after coronavirus All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Conclusion (the committee's words)
Though those who gave evidence were sceptical of an annual wealth tax, there was more support for a one-off wealth tax. It could be used to raise significant revenue. However, amongst witnesses there were significant reservations that a tax imposed once can be imposed again, and that such a tax might be seen as retrospective.
From: Treasury Committee, Twelfth Report - Tax after coronavirus (HC 664), paragraph 88, 1 March 2021
Government response
No government response linked yet: deadline 1 May 2021, 2010 days ago.