Wealth tax on UK’s super-rich could raise £10bn a year, Andy Burnham told
Why This Matters
Key context: <p>New prime minister urged to introduce 2% minimum charge on households with more than £100m in wealth</p><p>A wealth tax on the UK’s super-rich households could raise £10bn a year, according to academics who urged Andy Burnham to include the measure in his plans to “make tax fairer” and pay for better public services.</p><p>The sum could be raised through a 2% minimum charge on households with more than £100m in wealth and would affect fewer than 1,000 of the richest UK households, according to the study by <a href="https://www.theguardian.com/profile/gabriel-zucman">Gabriel Zucman</a>, a professor of economics at the Paris School of Economics, and Ben Tippet, a lecturer in economics and wealth inequality at King’s College London.</p> <a href="https://www.theguardian.com/business/2026/jul/21/uk-wealth-tax-super-rich-andy-burnham">Continue reading...</a> This development from The Guardian highlights ongoing changes in the sector.
New prime minister urged to introduce 2% minimum charge on households with more than £100m in wealthA wealth tax on the UK’s super-rich households could raise £10bn a year, according to academics who urged Andy Burnham to include the measure in his plans to “make tax fairer” and pay for better public services.The sum could be raised through a 2% minimum charge on households with more than £100m in wealth and would affect fewer than 1,000 of the richest UK households, according to the study by Gabriel Zucman, a professor of economics at the Paris School of Economics, and Ben Tippet, a lecturer in economics and wealth inequality at King’s College London. Continue reading...
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