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Burnham's £18billion 'death tax' nightmare: Fears PM will try to impose 10% levy on ALL inheritances to fund social care
The article discusses concerns that Prime Minister Burnham may introduce a 10% tax on all inheritances to fund social care, described as an £18 billion 'death tax' nightmare. Fears center on the potential financial impact of the proposed levy.
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Adjacent reporting
- Andy Burnham will introduce £18bn 'death tax' to pay for social care, warn Reform UK amid mounting fears over PM's plans
- Top Burnham ally demands higher 'death tax' saying it is unfair that grieving families 'escape taxation' ahead of prospective PM setting out his economic plans
- A new annual levy on land, 'death tax' to pay for social care and public control of the water industry. What policies would Andy Burnham implement as Prime Minister?
- Warnings over Burnham's death tax plan as new Labour leader says he is 'willing to expend a lot of political capital' to fund social care