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Budget 2026: How Burnham and Healey could raise taxes next week

The package would cut cash ISA limits, pull unused pensions into inheritance tax and add a £2,500 to £7,500 annual charge on homes worth £2 million or more.

Summary by The Independent
Property, bank profits, and inheritance tax could all be on the table ahead of the event

4 Articles

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What to expect in John Healey's Budget 2026 - from bank tax to energy bills

New PM Andy Burnham has vowed to bring 'hope' back to Britain, but is facing some difficult choices as the world continues to feel the impact of conflict in the Middle East

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Protect your finances from these five timebombs at next week's Budget

There's just one week to go before the Budget, and households are bracing themselves for another onslaught of measures that could further hammer their finances.

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The IndependentThe Independent
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The Independent (US)The Independent (US)
Lean Left

Budget 2026: How Burnham and Healey could raise taxes next week

Property, bank profits, and inheritance tax could all be on the table ahead of the event

·London, United Kingdom
Read Full Article
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  • 75% of the sources lean Left
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The Independent broke the news in London, United Kingdom on Tuesday, October 20, 2026.
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