Petition · HM Treasury

Commission a Treasury Review On The Practicalities Of Levying A Wealth Tax.

Closed 651 signatures

What the petition asks

We believe the government should study the practicalities of a tax on wealth. This should include studying wealth taxes internationally and the work of think tanks, to consider appropriate thresholds and percentages. This could also consider an exit tax designed to reduce tax avoidance.
A wealth tax could raise large amounts of money while taxing only the wealthiest few percent, matching the government's desire that those with the broadest shoulders should bear the heaviest burdens. We believe this could allow greater government investment and we think this would be widely supported by the public and would not be breaking manifesto pledges. Various respected bodies have advocated for this and the government has the ability to analyse and implement their work which we believe could improve all our lives.

Timeline

15 Nov 2024 Petition opened for signatures
15 May 2025 Closed to new signatures

Key facts

Signatures 651
Status Closed
Department HM Treasury
Opened 15 Nov 2024
Closed 15 May 2025

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Source: the official petition page. Last checked 3 Aug 2026.