<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>fiscalresponsibility on Birmingham Daily</title><link>https://birminghamdaily.co.uk/tags/fiscalresponsibility/</link><description>Recent content in fiscalresponsibility on Birmingham Daily</description><generator>Hugo -- gohugo.io</generator><language>en-us</language><lastBuildDate>Tue, 21 Jul 2026 04:48:57 +0000</lastBuildDate><atom:link href="https://birminghamdaily.co.uk/tags/fiscalresponsibility/index.xml" rel="self" type="application/rss+xml"/><item><title>Andy Burnham Hints at Possible Return of 50p Income Tax Rate Amid Tax Allowance Changes</title><link>https://birminghamdaily.co.uk/andy-burnham-hints-at-possible-return-of-50p-income-tax-rate-amid-tax-allowance-changes/</link><pubDate>Tue, 21 Jul 2026 04:48:57 +0000</pubDate><guid>https://birminghamdaily.co.uk/andy-burnham-hints-at-possible-return-of-50p-income-tax-rate-amid-tax-allowance-changes/</guid><description>Andy Burnham, the newly appointed Labour Prime Minister, has indicated the potential return of the 50p income tax rate as part of plans to adjust the personal tax allowance. Speaking at his first press conference since taking office, Burnham revealed he is considering increasing the currently frozen personal allowance—the income threshold at which people begin paying income tax.
When directly asked about reinstating the 50p additional or top tax rate, Burnham neither confirmed nor ruled out the measure.</description></item></channel></rss>