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The Guardian - UK
The Guardian - UK
Business
Rupert Neate Wealth correspondent

Wealth taxes could raise £37bn for UK public services, campaigners say

Luxury properties in Eton Square, London SW1
Luxury properties in Eton Square, London. The measures suggested include a 1% tax on super-rich people’s assets over £10m. Photograph: RichardBaker/Alamy

Rishi Sunak’s new government could raise up to £37bn to help pay for public services and the energy bills support scheme if it introduced a string of “wealth taxes”, according to tax equality campaigners.

Tax Justice UK called on the government to introduce five tax reforms targeting the very wealthy, who the campaign group said had done “really well financially” during the coronavirus crisis and national lockdowns, rather than seek to save money with further cuts to public services.

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