{
  "id": 3189180,
  "title": "Budget 2026: Which taxes will Burnham and Healey hike?",
  "url": "https://urgent.news/2026/08/25/budget-2026-which-taxes-will-burnham-and-healey-hike",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-25T04:14:00.000Z",
  "source": {
    "name": "City AM",
    "slug": "city-am",
    "url": "https://www.cityam.com/budget-2026-which-taxes-will-burnham-and-healey-hike/"
  },
  "original_language": "en",
  "account": "As the new Chancellor, John Healey faces a complex fiscal landscape, with his budget promises at odds with his predecessor's fiscal rules. The Treasury's headroom is limited, and the government's spending commitments, especially in defence and welfare, constrain his options. Despite this, economists predict that tax increases will be the primary solution to the budget deficit. Healey and his team are expected to focus on raising revenue through tax hikes. One possibility is expanding the higher levies on expensive homes, such as stamp duty and council tax, while introducing an annual land value tax (LVT). Another option is to equalize capital gains tax rates with income tax rates, although this could be controversial. The government may also consider cracking down on vape shops, online sales, and warehouse business rates.",
  "summary": "With interest rates on course to remain elevated and a new government keen to win over sceptical voters with cost-of-living measures, economists think tax rises at October’s Budget are all but guaranteed. But where will the new Chancellor look for revenue? Ali Lyon and Mauricio Alencar examine the most likely revenue raisers. Speak to any [...]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "BBC Business",
        "title": "Burnham refuses to rule out tax rises in autumn Budget",
        "url": "https://urgent.news/2026/08/25/burnham-refuses-to-rule-out-tax-rises-in-autumn-budget",
        "published": "2026-08-25T01:35:47.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}