Andy Burnham Urged to Address Soaring 62% Tax Rate as He Poised to Become Prime Minister Tuesday, July 14, 2026 taxation andyburnham hmrc marginaltaxrate income benefits universalcredit childbenefit taxreform economicgrowth Andy Burnham, the newly elected Labour MP for Makerfield and likely next Prime Minister, has been urged to tackle a critical tax issue impacting British taxpayers. A recent report from Policy Exchange, supported by former … Read More
Andy Burnham’s Plan to Introduce Three New HMRC Tax Bands on Capital Gains Thursday, July 2, 2026 cgt taxation hmrc burnham capitalgains incometax budget2024 labour finance policy Prime Minister hopeful Andy Burnham is reportedly considering a major overhaul of Capital Gains Tax (CGT) if he takes office. CGT is a tax on the profit earned from selling or disposing of assets that have appreciated, … Read More
DWP to Review Pension Access Rules for Terminally Ill Under 75 Following Criticism Wednesday, July 1, 2026 pensions terminalillness dwp retirement taxation government healthcare benefits legislation financialplanning The Department for Work and Pensions (DWP) has confirmed it will review the pension access rules for people with terminal illnesses, responding to growing concerns that the existing framework no longer meets their needs. This … Read More
Andy Burnham's Proposed Tax Changes Could Cost Middle-Class Families Over £23,000 Tuesday, June 30, 2026 inheritance tax capitalgains andyburnham labour property middleclass finance policy taxation Andy Burnham, the newly elected Labour MP for Makerfield and a frontrunner to become the next Prime Minister following Sir Keir Starmer’s recent resignation, is proposing a controversial overhaul of inheritance taxation … Read More
State Pensioners Rush to Buy Annuities Ahead of 2027 Pension Tax Rule Changes Tuesday, June 30, 2026 pensions annuity taxation inherittax retirement estateplanning retirees financialplanning rachelreeves standardlife Retirees are increasingly purchasing annuities as they prepare for significant changes to pension tax rules coming in 2027 under Chancellor Rachel Reeves' new policies. Standard Life reports that the number of customers over … Read More
Rachel Reeves Proposes Pre-Tax Deductions on State Pensions in DWP Reform Monday, June 29, 2026 pension dwp taxation statepension rachelreeves chancellor incometax pensioners policy reform The Department for Work and Pensions (DWP), in coordination with the Treasury, is considering a significant change to how state pensions are taxed. Under proposed reforms spearheaded by Labour Party Chancellor Rachel Reeves, … Read More