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Policy

Capital Gain Tax Rates

Capital Gains Tax Capital Gain Tax Rates

Policy:

Scrape the special 18% lower rate on Capital Gains.

Increase Capital Gains Tax rate from 24% to 25%.

By scrapping the special 18% lower rate on Capital Gains, we can ensure income from capital wealth is taxed more like income from work. This single change would possibly raise Billions for our public services and close a major tax loophole that benefits the few. It’s a simple fix for a more equitable UK.

Increase Capital Gains Tax rate from 24% to 25%.

With inflation being more prevalent in the last 5 years, it would be counter productive to put rate higher, as to be fair would have to introduce an inflation adjustment, which is expensive and confusing.

Annual Revenue Increase of £3 Billion