Petition · past parliament · HM Treasury
Equalise Income Tax and Capital Gains Tax
Closed
33 signatures
What the petition asks
Currently the Income Tax rates are twice those of the Capital Gains Tax rates.
These should be equalised.
2020/21 tax year rates were as follows, including NIC's:
Income Tax rates - 32% (29% SE), 42% & 45%.
Capital Gains Tax rates - 10% & 20%. Except for a few exceptions.
These should be equalised.
2020/21 tax year rates were as follows, including NIC's:
Income Tax rates - 32% (29% SE), 42% & 45%.
Capital Gains Tax rates - 10% & 20%. Except for a few exceptions.
Capital Gains are, in the majority (62% in 17-18), made by people with gains of over £1M.
When National Insurance Contributions are taken in to consideration people generating income through Capital Gains are paying a third (lower rate) to half (higher rate) of those in employment.
This is entirely unfair. It's as simple as that.
If the systems were equalised the income to the UK economy could gain an estimated £60 billion additional tax.
When National Insurance Contributions are taken in to consideration people generating income through Capital Gains are paying a third (lower rate) to half (higher rate) of those in employment.
This is entirely unfair. It's as simple as that.
If the systems were equalised the income to the UK economy could gain an estimated £60 billion additional tax.
Timeline
| 27 Jul 2020 | Petition opened for signatures |
| 27 Jan 2021 | Closed to new signatures |
Key facts
Signatures
33
Status
Closed
Department
HM Treasury
Opened
27 Jul 2020
Closed
27 Jan 2021
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Source: the official petition page. Last checked 15 Jul 2026.