FINANCE

Over-40s care tax could net £15bn

A tax levied on people aged over 40 could raise £15bn per year for social care, according to new analysis.

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By Martin Ford | 11 December 2018

A tax levied on people aged over 40 could raise £15bn per year for social care, according to new analysis.

The figure in research from financial consultancy Hymans Robertson is based on the German model of charging a social care premium of 2.5%.

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Martin Ford

Popular articles by Martin Ford

  1. Grenfell inquiry highlights Government and council failings
  2. Levelling up projects to discover fate
  3. Call to end 'ministerial churn' to improve housing delivery
  4. Government team to unlock stalled housing projects
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