L

Lord Markham (Con)

Speaking in the House of Lords on 9 October 2024

Debate

UK Economy: Capital Gains Tax

Contribution

My Lords, given that HMRC’s own analysis shows that a 10% increase in capital gains tax is likely to lead to a £2 billion reduction in the amount it raises, can the noble Lord confirm that he will not look to increase any taxes where the net result is further costs to the public purse?

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