Shabana Mahmood Endorses 50% Income Tax Rate Amid Chancellor Speculation Friday, July 17, 2026 shabanamahmood incometax labourparty chancellor andyburnham hmrc taxpolicy economicjustice edmiliband politics Shabana Mahmood, the Birmingham MP, has garnered attention following reports suggesting she could be appointed Chancellor as early as Monday. Her endorsement of a 50% income tax rate, previously expressed in Parliament, has … Read More
Andy Burnham Supports Raising Inheritance Tax to 50%, Increasing Costs for Households by £53,000 Tuesday, July 14, 2026 inheritancetax andyburnham labourparty taxpolicy estates wealthmanagement politics hmrc taxincrease ukgovernment Andy Burnham, the newly elected Labour MP for Makerfield, is reportedly considering a proposal to increase the inheritance tax rate from the current 40% to 50%. This move, supported by the Labour-affiliated Institute for … Read More
Andy Burnham Proposes £21,150 Tax Charge on Households with £50,000 Assets Thursday, July 9, 2026 tax cgt capitalgainstax inheritance investment wealth taxpolicy labour assets estates 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 … Read More
Andy Burnham Proposes Four New Council Tax Bands in Prime Ministerial Plan Tuesday, July 7, 2026 andyburnham counciltax mansiontax propertymarket housingmarket labourparty taxpolicy ukpolitics realestate economicimpact Andy Burnham, the Labour MP for Makerfield and expected successor to Sir Keir Starmer as Prime Minister later this month, is considering the introduction of four new council tax bands as part of his fiscal reforms. Reports … Read More
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
Andy Burnham’s HMRC Tax Proposal Could Leave £35,000 Earners £500 Worse Off Thursday, July 2, 2026 incometax fiscaldrag taxfreeze andyburnham hmrc labour taxpolicy devolution personalallowance taxthresholds Andy Burnham has indicated that a forthcoming HMRC income tax initiative could result in individuals earning around £35,000 being £500 worse off. The Labour Party government has already frozen income tax thresholds until … Read More