Income Tax
(asked on 21st May 2018) - View Source
Question to the HM Treasury:
To ask Her Majesty's Government whether they have made an estimate of the additional revenue that would be raised if both capital gains and dividend income were taxed through income tax at the same rates as regular income and without separate tax-free allowances; and if so, what is that estimate.
This question was answered on 4th June 2018
HM Revenue and Customs have not made an estimate of the additional revenue that would be raised if both capital gains and dividend income were taxed through income tax at the same rates as regular income and without separate tax-free allowances.