As he prepares to enter Downing Street, Mr Burnham is reported to be looking at the rates of capital gains tax, which is levied on the profit made when selling an asset.

Questions are mounting for Andy Burnham over what policies he would implement if he becomes Prime Minister within weeks.

What will a new prime minister mean for our personal finances and what can you do to fight back today?

Slowing growth. Ballooning interest payments. Rising cost of living. Andy Burnham will inherit Labour at a moment of fiscal peril.

The Labour 'PM-in-waiting' has said Britain undertaxes wealth and overtaxes income

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleAndy Burnham is reportedly considering a…

Andy Burnham has previously a 'proportional property tax' which would mean Londoner's taxes going to pay for leisure centres in the North

Opposition leaders will use a gathering of business chiefs to set out their economic response to Sir Keir Starmer’s likely Downing Street successor

When asked if Burnham would rule out exit taxes, a spokesperson said they would not comment on speculation or write policy “off the cuff”.

As he prepares to enter Downing Street, Mr Burnham is reported to be looking at the rates of capital gains tax, which is levied on the profit made when selling an asset.

The Labour leadership favourite is expected to put his own stamp on taxes, pensions, and more

An economic advisor to Burnham has hinted he may consider setting different income tax rates across England

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleAndy Burnham is reportedly considering a…

Andy Haldane said the tax system should be tilted to boost incentives for more cash to flow into British companies.