Implement a 2% wealth tax on individuals with net assets exceeding £10 million
Create an asset register and apply a 2% annual tax on individuals with net assets over £10 million. Introduce safeguards, like an exit tax to prevent assets being moved offshore. We think these measures, particularly for real estate, would help ensure the policy is fair and effective.
Rachel Reeves
Chancellor
Similar motions
Introduce a wealth tax on people with a £50 million+ net worth
Introduce a new 30% tax rate for income earnings between £50,271 - £100,000
Remove inheritance tax on all estates and their property worth under £1 million
Abolish the effective Tax rate of 60% on income between £100,000 and £125,140
Raise the income tax personal allowance from £12,570 to £20,000
Implement a 2% wealth tax on individuals with net assets exceeding £10 million
Create an asset register and apply a 2% annual tax on individuals with net assets over £10 million. Introduce safeguards, like an exit tax to prevent assets being moved offshore. We think these measures, particularly for real estate, would help ensure the policy is fair and effective.
Similar motions
Introduce a wealth tax on people with a £50 million+ net worth
Introduce a new 30% tax rate for income earnings between £50,271 - £100,000
Remove inheritance tax on all estates and their property worth under £1 million
Abolish the effective Tax rate of 60% on income between £100,000 and £125,140
Raise the income tax personal allowance from £12,570 to £20,000