capitalgainstax on Birmingham Dailyhttps://birminghamdaily.co.uk/tags/capitalgainstax/Recent content in capitalgainstax on Birmingham DailyHugo -- gohugo.ioen-usThu, 09 Jul 2026 05:11:49 +0000Andy Burnham Proposes £21,150 Tax Charge on Households with £50,000 Assetshttps://birminghamdaily.co.uk/andy-burnham-proposes-21150-tax-charge-on-households-with-50000-assets/Thu, 09 Jul 2026 05:11:49 +0000https://birminghamdaily.co.uk/andy-burnham-proposes-21150-tax-charge-on-households-with-50000-assets/Andy Burnham, the new Labour MP for Makerfield, is at the center of growing concerns around proposed changes to Capital Gains Tax (CGT) policy, which could significantly increase the tax burden on many families. Two major reforms under discussion—the abolition of CGT uplift on death and the alignment of CGT rates with income tax rates—have ignited warnings from financial experts and investors alike. Rathbones has highlighted speculation that CGT rates might be increased to match income tax rates, pushing the rate as high as 45% for additional-rate taxpayers.