Written question asked by Lord Balfe (Conservative) on Tuesday, 21 July 2026, in the House of Lords. It was due for an answer on Tuesday, 4 August 2026. It was answered by Lord Pitt-Watson (Labour) on Thursday, 30 July 2026 on behalf of the Treasury.

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Capital Gains Tax

Question

To ask His Majesty's Government what assessment they have made of changing the rates of Capital Gains Tax to move in line with income tax rates; and what assessment they have made of how effective such a change would be.

Answer

Decisions on tax policy are taken by the Chancellor at fiscal events.

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Secondary information

Type

Written question

Reference

HL2381

Session

2026-27

Subjects

Capital gains tax Tax rates and bands

Link

View this Written question on www.parliament.uk