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Wealth Tax Commission information


The Wealth Tax Commission in the United Kingdom was a group of experts studying the desirability and feasibility of a wealth tax.[1] The three Commissioners, Arun Advani,[2] Emma Chamberlain and Andy Summers, cooperated with a large network of academics, policymakers and tax practitioners to produce an extensive evidence base on the wealth tax.[3] The Commissioners’ final report was released in December 2020, recommending that, if the government wants to raise more tax revenue, the introduction of a one-off wealth tax (capital levy) would be preferred to increasing other taxes.[4][5]

  1. ^ "Wealth Tax Commission Website". Retrieved 2021-03-10.
  2. ^ "Arun Advani's Website". Retrieved 2022-03-10.
  3. ^ "'Tax the wealthy to pay for coronavirus'". BBC. 2020-12-09. Retrieved 2021-03-10.
  4. ^ Advani, Arun; Chamberlain, Emma & Summers, Andy (2020). "A wealth tax for the UK" (PDF). Wealth Tax Commission Final Report. doi:10.47445/WealthTaxFinalReport. Retrieved March 10, 2021.
  5. ^ Partington, Richard (2020-12-09). "Economic cost of Covid crisis prompts call for one-off UK wealth tax". The Guardian. Retrieved 2021-03-10.

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