Over-40s care tax could net £15bn

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%.

Want full article access?

Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.


Already a subscriber? Login

Finance Adult social care