Council tax could be ditched by Andy Burnham: What would new property levy look like and who would be hit?

Andy Burnham is considering a major overhaul of property taxes, potentially replacing council tax with a new levy if he ascends to Prime Minister. This shift could significantly alter local government funding and impact various property owners differently. The proposal's implications extend beyond mere taxation, affecting public service funding and local economies. Such a move, if implemented, would mark a substantial departure from traditional fiscal policies and could have far-reaching consequences for both homeowners and renters.