eprivateclient

The future of care funding in the UK: Now is the time to be bold

Lynne Rowland, tax partner, Moore Kingston Smith, 07/07/2020

The UK government’s extraordinary financial support to businesses and the self-employed during the Covid-19 crisis has highlighted the precarious position of the UK care industry.

Radical change must follow challenging debate about the cost of providing the service that everyone needs. 

The statistics on the growing demand for care provision as we live longer are fearful. Funding, and how the available funds are used, is the main issue.  Theresa May’s “Dementia Tax” was not a vote winner and the current government has committed to ensuring that no-one should have to sell their home to pay for their car...


Continue reading this article...


Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@eprivateclient.com


About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM

Subscribers

eprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.

Read more