Andy Burnham's 'death tax' could hit families with £76k bill
The Daily Express reports that Prime Minister Andy Burnham may introduce a 'death tax' to fund social care reforms, potentially costing families an average of £76,000. The report cites analysis from Reform UK and criticizes the lack of a clear mandate for such a policy.
Why it matters
The potential implementation of a new inheritance-based tax is a highly contentious political issue that could significantly impact household wealth and public opinion.
Grieving British families may be hit with an average bill of £76,000 should Andy Burnham introduce a death tax to pay for his sweeping social care reforms.
Analysis has revealed the tax could take away tens of thousands of pounds from family inheritances upon the death of a relative.
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The new Prime Minister has supported the controversial levy for much of his political career and has failed to directly rule out imposing it now he is in No10 Downing Street.
The new analysis of the financial impact of a death tax on grieving families was carried out by Reform UK.
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