January 2021
Alex Foster
Weekly tax brief
Is it time for a one-off wealth tax in the UK?
A wealth tax has not been seriously considered in the UK for 50 years, but with the need to raise additional revenue as a result of COVID-19 the option has been garnering increased interest. The question is not a straightforward one - the options are various, including whether it should be a one-off or annual charge, UK or world-wide, all assets or only specific ones?
3 minutes