Andy Burnham Signals Possible Introduction of 50% Income Tax Rate for High Earners Thursday, July 2, 2026 incometax hmrc andyburnham taxpolicy higherrate labourparty fiscalpolicy devolution economicgrowth budget2024 Andy Burnham, the Labour Party’s prospective Prime Minister, has hinted at the introduction of a new 50% income tax rate for individuals earning over £125,140 annually. This new rate could replace the current 45% higher rate, … Read More