HM Treasury answers question on introducing a wealth tax

Published on: 17 November 2021

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Specialist Tax Regulatory Materials

Article summary

UK Parliament has published HM Treasury's answer to the question of whether the Chancellor of the Exchequer will publish a response to Early Day Motion 420 on introducing a wealth tax. This question was submitted by the Scottish National Party MP for Glasgow North, Patrick Grady and answered by the Conservative Party MP for South East Cambridgeshire, Lucy Frazer. The answer stated that 'getting people back to work and encouraging and incentivising businesses to take on new employees and new apprentices ultimately creates the wealth that funds our public services.'.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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