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Lucinda Lucey Lucinda Lucey

Summer Bulletin 2026

Andy Burnham has become Britain's seventh Prime Minister since 2016, bringing with him a new Chancellor, John Healey, and renewed focus on what the change in leadership could mean for UK tax planning. While there has already been speculation around potential changes to wealth taxes, stamp duty and tax allowances, the first confirmed announcement is that VAT will be removed from household energy bills from 1 October, an early indication that tackling the cost of living will be high on the government's agenda.

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