Investment Income: Taxation — Written Question

Question

Dr Roz Savage

Liberal Democrat — South Cotswolds

To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of aligning the tax rates for passive income with those for earned income; and what assessment she has made of the potential fiscal and social impact of such a re

Answer

James Murray

Currently, different forms of income, such as employment income and non-employment income (including from property, dividends and capital gains), are subject to different tax rates reflecting their differing nature and to support the government’s broader ...

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