Social care tax

[Old Greg]

Don't they take all your assets (and recent disposals) in exchange for this local authority "care"?

One would have thought NICs would take care of care, nevermind all that income tax, inheritance tax, stamp duty etc

Tory cuts to the central government grant to local authorities is what took care of social care.

[minestrone]

Tory cuts to the central government grant to local authorities is what took care of social care.

OK, ill bite.

Pick a local authority.

[ladymuck]

It'll pay for care needs today, not tomorrow's. Same as NIC (used to) pay for pension needs today and not the future.

I absolutely detest all this tinkering around the edges of the tax laws. Chuck the whole effing lot out and start anew. There will be winners and loser, yes, but if it's clear and simple to understand how much tax you're paying, when and why then that's got to be a better way?

[Paralytic]

Deleted

[Whorty]

Don't they take all your assets (and recent disposals) in exchange for this local authority "care"?

One would have thought NICs would take care of care, nevermind all that income tax, inheritance tax, stamp duty etc

They do indeed look at all assets over £22k, including your home (unless you joint own with a husband/wife).

So, if you've never saved and had a low paying job and hence paid little tax over the years you have full support. If you have saved for your future and paid high rate tax for decades but become ill through no fault of your own then you get nothing. Hardly seems equitable, and is hardly conducive to encouraging people to save for a rainy day.

[Whorty]

Generally the NHS is right here. Social care is the responsibility of local authorities.

Hmm, it's a grey area - NHS look after 'medical care' whilst council look after 'social care' but they both argue what constitutes 'medical' vs 'social'.

[elsergiovolador]

People should have means to start a family and give good upbringing to their children so when they get old, their children will have enough money to rent a carer or provide care in different ways.
This extra tax will make people poorer and add more hardship, some may even decide to not start family or when they do they will not have time for children as they will have to work extra hours to make ends meet.
If you ask question who profits from this, then there is your answer who might be lobbying for that.
I don't think government wants to help. It is just an opportunity to make extra money.

[escapeUK]

They do indeed look at all assets over £22k, including your home (unless you joint own with a husband/wife).

So, if you've never saved and had a low paying job and hence paid little tax over the years you have full support. If you have saved for your future and paid high rate tax for decades but become ill through no fault of your own then you get nothing. Hardly seems equitable, and is hardly conducive to encouraging people to save for a rainy day.

Its never been clearer that keeping savings in ways that can be linked to you, is incredibly stupid. Whether it be gold, crypto or even cash somewhere, these are the ways to make sure the system does not take as much as it can from you, while giving you nothing when its your turn.

[Old Greg]

Hmm, it's a grey area - NHS look after 'medical care' whilst council look after 'social care' but they both argue what constitutes 'medical' vs 'social'.

It's not good to separate them I agree. Ireland (RoI and NI) include social care within their health services. Not that these structural differences eliminate all problems.

[AtW]

It's not good to separate them I agree. Ireland (RoI and NI) include social care within their health services. Not that these structural differences eliminate all problems.

Revealed: NHS could take over social care, swelling budget to GBP150bn | NHS | The Guardian

Neat new way to create new taxes without breaking manifesto lies