Real estate remains a juicy plum for Andy Burnham to pick as he searches for ways to pay for an overhaul of the social care system and higher defence spending, to name just two fiscal priorities. Yet how to tax property, or possibly the land it sits on, has vexed economists and politicians for centuries.
Real estate remains a juicy plum for Andy Burnham to pick as he searches for ways to pay for an overhaul of the social care system and higher defence spending, to name just two fiscal priorities.
Yet how to tax property, or possibly the land it sits on, has vexed economists and politicians for centuries.
The new PM could bring in revenue for social care or defence with a land levy or by reforming council tax Residential property is the largest store of wealth in the UK, and has long been a target for those...
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Real estate remains a juicy plum for Andy Burnham to pick as he searches for ways to pay for an overhaul of the social care system and higher defence spending, to name just two fiscal priorities. Yet how to tax property, or possibly the land it sits on, has vexed economists and politicians for centuries. The new PM could bring in revenue for social care or defence with a land levy or by reforming council tax Residential property is the largest store of wealth in the UK, and has long been a target for those who believe homes should be taxed more.
The new PM could bring in revenue for social care or defence with a land levy or by reforming council tax Residential property is the largest store of wealth in the UK, and has long been a target for those who believe homes should be taxed more. Here we discuss the background to the debate and some of the tax options. • This article was amended on 11 August 2026.
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