London Daily

Focus on the big picture.
Wednesday, Mar 25, 2026

Tax on landlords could pay for social care, says Keir Starmer

Tax on landlords could pay for social care, says Keir Starmer

Money to pay for social care could have been raised through taxing landlords, Sir Keir Starmer is expected to tell a conference.

It comes after Boris Johnson announced plans to raise National Insurance tax on workers and employers in order to pay for the NHS backlog and social care

Sir Keir will describe the rise as "unfair" and "poorly thought through".

But the Labour leader has come under pressure in recent days to detail his own plan to fund social care.

Addressing the House of Commons earlier this week, Mr Johnson acknowledged his tax rise broke a manifesto commitment not to raise taxes, but defended the move as "the right, reasonable and fair approach" in light of the pandemic.

He criticised calls for a rise in capital gains tax - the levy you pay on the profits when you sell an asset - arguing that it would not raise enough money to "even begin to deal with this problem".
Speaking to the Local Government Association which represents councils in England and Wales, Sir Keir will attack the Conservatives' plans, arguing that: "Working people will pay more tax now, but might still have to sell their home to pay even more later."

"This is an unfair plan that doesn't work. And who is left with the bill? It's working people. It's especially low earners and young people who have already borne the brunt of the economic impact of the pandemic," he will say.

Instead he will argue that "the money could have been raised by taxing the incomes of landlords, and those who buy and sell large quantities of financial assets, stocks shares".

Mr Johnson's plans, he will say, leave "a private landlord renting out multiple properties not paying a penny more in tax, and their hard-working tenants to pick up the burden".

He will add it sees "an Amazon worker's taxes raised, but Amazon itself able to squirrel profits away in tax havens and only pay a fraction of what high street shops do".

Earlier this week, Sir Keir told Sky News he would back "wealth taxes" to fund social care but did not set out further details.

Giving shape to a future Labour policy, Sir Keir is also expected to say that his party would introduce a principle of "home first" care, shift the focus to prevention and early intervention, and introduce a "new deal" for care workers.

Under Mr Johnson's proposals there will be a 1.25 percentage point rise in National Insurance from next April for workers and employers.

It means that someone earning £30,000 will pay an extra £255 a year, while someone on a £50,000 salary will pay £505.


Income from share dividends - earned by those who own shares in companies - will also see a 1.25% tax rate increase.

In 2023, National Insurance will return to its previous level and the tax increase will become a separate health and social care levy on earnings.

The majority of the £36bn fund raised by the rise will go towards tackling the backlog of NHS cases created by the pandemic.

A smaller portion of the money - £5.4bn over the next three years - will also go towards changes to the social care system, with more promised after that.

In his speech, Sir Keir will warn that the government plans will not provide any money for councils in the short term and will force them to put up council tax in order to meet demand.

Newsletter

Related Articles

0:00
0:00
Close
Trump Signals Frustration with UK Leadership Amid Diverging Approaches to Iran Conflict
UK Government Takes Control of Hunterston B as Landmark Nuclear Decommissioning Begins
UK Public Inflation Expectations Jump Sharply in March, Raising Pressure on Bank of England
UK Ministers Warn Expanded North Sea Drilling Would Deepen Exposure to Global Energy Volatility
Delayed UK Defence Investment Plan Leaves Suppliers Under Severe Financial Strain
Can Iran Strike the UK? Assessing the Real Military Threat as Conflict Escalates
Sanctioned Iranian Banker Linked to Luxury Marbella Villa Through UK Corporate Structure
Casey Bloys Navigates HBO Max UK Launch, Paramount Integration and Industry Buzz Over Netflix Meeting
Iran Conflict Sparks Sharp Turbulence in UK Mortgage Market, Reaching Pandemic-Era Disruption Levels
Major Donor Urges University of Kentucky to Reconsider Mitch Barnhart’s Post-Retirement Role
United Kingdom Moves to Lead International Effort to Reopen Strait of Hormuz
UK Police Investigate Targeted Attack on Jewish Ambulance Vehicles
UK Police Investigate Targeted Attack on Jewish Ambulance Vehicles
Senior UK Advocate Criticises Barnhart Retirement Appointment, Calls for Reconsideration
UK Finds No Evidence of Direct Iranian Threat to Britain, Says Prime Minister Starmer
Assessing Iran’s Strike Capability and the UK’s Readiness Amid Rising Tensions
NATO Unable to Confirm Iran’s Role in Strike on UK-US Base as Tehran Denies Involvement
University of Kentucky’s Youling Xiong Receives SEC Faculty Achievement Award for 2026
Trump Highlights Satirical Portrayal of UK Leadership Amid Talks with Prime Minister Starmer on Iran Conflict
Trump Highlights Satirical Portrayal of UK Leadership Amid Talks with Prime Minister Starmer on Iran Conflict
UK Fuel Prices Surge Toward Crisis Levels as Experts Warn of Further Sharp Increases
UK Fuel Prices Surge Toward Crisis Levels as Experts Warn of Further Sharp Increases
Duchess of Sussex Secures ‘As Ever’ Trademark Rights in Australia Ahead of High-Profile Visit
UK Reaffirms Security as Officials Reject Claims of Immediate Iranian Missile Threat
Rising Middle East Tensions Spark ‘Trumpflation’ Debate Over Impact on UK Households
UK Minister Says No Evidence Iran Can Strike Europe Despite Heightened Warnings
British-Iranians Voice Safety Concerns to Authorities as Regional Conflict Intensifies
Confirmed Meningitis Cases Linked to Kent Outbreak Revised Down to Twenty
UK Government Sees No Evidence Iran Can Strike London Amid Rising Regional Tensions
Debate Grows Over Recognition of Indigenous Cultural Icons in the United Kingdom
Iran Missile Launch Toward Diego Garcia Raises Questions After Failed Strike on US–UK Base
Donald Trump Amplifies Viral Satirical Clip Highlighting UK–US Political Dynamics
UK Satirical Show Draws Attention with Sketch Referencing Trump and Prince Andrew
Meghan Markle’s Possible UK Return Sparks Renewed Attention on Sussex Role
Starmer Convenes Urgent Talks on Cost-of-Living Pressures Linked to Iran Conflict
Starmer Convenes Urgent Talks on Cost-of-Living Pressures Linked to Iran Conflict
UK Investors Eye Bargain Shares Ahead of ISA Deadline Amid Market Volatility
UK Investors Eye Bargain Shares Ahead of ISA Deadline Amid Market Volatility
Northern Lights Expected Over UK Skies Tonight Amid Strong Solar Activity
UK Condemns Iran Missile Strike and Warns Against Threats to British Personnel
UK Warns of Global Flight Disruptions as Iran Conflict Escalates Under Trump’s Leadership
UK Condemns Iran After Missile Strike Targets Strategic Diego Garcia Base
Deadly Meningitis Outbreak in UK Reinforces Urgency of Vaccination Campaigns
Iran Launches Long-Range Missile Strike on Remote US-UK Base, Signaling Expanded Reach
Iran Launches Long-Range Missile Strike on Remote US-UK Base, Signaling Expanded Reach
UK Rules Out Cyprus Base Role in Joint US Self-Defence Framework
UK Ends Hereditary Peerage Rights in Parliament in Historic Constitutional Reform
Lord Walney Warns of Expanding Iranian Influence Networks Within the United Kingdom
Iranian National Among Two Arrested After Attempt to Access UK Nuclear Submarine Base
Deregulation, Artificial Intelligence, and Fraud Laws Reshape UK Financial Services Landscape
×