Andy Burnham HMRC wealth tax update with exact threshold for assets proposed

NewsCost Of LivingAndy BurnhamPrime Minister faces fresh calls to introduce a wealth tax.11:28, 03 Aug 2026Andy Burnham is under increasing pressure to introduce a HMRC tax change. The Labour Party Prime Minister faces fresh calls to introduce a wealth tax.‌Neil Kinnock has urged Mr Burnham to increase tax on assets - with two-thirds of voters backing the introduction of a “wealth tax”. The former Labour leader told The i Paper that there should be a “better balance” between the taxation of earnings and wealth.‌Apoll for The i Paper by BMG Research found that 66 per cent of adult Britons back the idea of a wealth tax on assets worth more than £10m.‌READ MORE Andy Burnham has £37 plan for roads in England from January 2027“It has always been something that I treasure to get a message from h