Apply a 2% tax on all assets worth more than £10 million
Implement a 2% levy on individuals who own assets worth more than £10 million.
Signatures
6
signatures
Government response threshold (10,000) · 6/10,000
Debate threshold (100,000) · 6/100,000
- 10 APR 2025Petition rejectedduplicate
The following petition calls for a similar action: Introduce a 2% wealth tax on assets over £10 million & tax reform https://petition.parliament.uk/petitions/721409
- 16 MAR 2025Petition created
Background
This tax would impact only 0.04% of the population but is estimated to raise £22 to £24 billion annually. The government needs this essential funding, which would help reduce inequality in the country and prevent a recession.