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Why is Wealth Tax under the spotlight?
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In 10 years, the couple's wealth tax has quadrupled. If the tax commission's proposal is passed, they fear it could increase by another 50 percent from the current level.
Why is Wealth Tax under the spotlight?
Discussions around the Government’s approach have included speculation around tax increases, continued freezes or even the introduction of entirely new taxes. One topic sparking interest is the idea of a wealth tax. While the UK does not currently impose a wealth tax, the Government is looking to improve its financial position and balance its books against its own spending measures, slow economic growth and fiscal rules in place. At present, the…
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