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About: Wealth Tax Commission     Goto   Sponge   NotDistinct   Permalink

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The Wealth Tax Commission in the United Kingdom is a group of experts studying the desirability and feasibility of a wealth tax. The three Commissioners, Arun Advani, 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. The Commissioners’ final report which draws on the findings of the input papers 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) should be preferred to increasing other taxes.