A one percent increase on income tax and national insurance could pay for the 3.4 percent increase to the NHS budget announced by the government, accounting, tax and advisory practice, Blick Rothenberg hs claimed.

Robert Pullen a director at the firm, said: “There was alarm recently when a report from the Institute for Fiscal Studies and Health Foundation said that the NHS would need an extra four percent a year - or £2,000 per UK household - for the next 15 years and that the only realistic way this could be paid for is by tax rises of three percent on VAT, income tax and National Insurance contributions.

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