Wealthy Brits are bracing for a major shake-up of the tax system, as the UK’s new prime minister looks for ways to fund fresh spending.

The incoming Prime Minister has repeatedly backed the introduction of a 'levy on all estates' to fund social care after first proposing the idea as Health Secretary in 2010.

Matthew McGregor, who was appointed on Friday, said that hitting people with more than £10million in assets with the levy would be 'a highly popular way' of raising £24billion for…

The Makerfield MP has spoken out on income tax, stamp duty and more – so what might change?

The new Prime Minister said he was ready to risk his reputation with voters by making an overhaul of the 'broken' system a centerpiece of his premiership after replacing Sir Keir…

The new PM could deliver his first Budget as soon as October, The i Paper has been told

Experts warn that even if he reverses some 'stealth-tax' rises, people are still likely to be paying more than they were before 2021

Wealthy Brits are bracing for a major shake-up of the tax system, as the UK’s new prime minister looks for ways to fund fresh spending.

Yesterday, Andy Burnham was sworn in as Prime Minister. We are yet to hear his full policy proposals, but I'm getting a better sense of what he's about - and only 1 per cent of it…

In the long run, it might actually stop civilisation from crumbling

New PM urged to introduce a 2% minimum charge on households with more than £100m in wealth

A carefully designed luxury consumption tax would encourage exactly the behaviour Britain says it wants

Attempts by other nations to tax the wealthy highlight potential pitfalls. Yet they do not suggest that we shouldn’t try

Andy Burnham has hinted at tax reforms, with some of his closest aides and allies publicly having called for wealth taxes