Neil MacGillivray: The govt's plan for health and social care may not be so generous

Two reasons why

clock • 3 min read
Neil MacGillivray: "Only one in seven of those in care pay over £100,000."
Image:

Neil MacGillivray: "Only one in seven of those in care pay over £100,000."

The government’s policy paper ‘Building Back Better: Our Plan for Health and Social Care’, which sets out how they intend to raise an additional £12bn a year to be invested in frontline health and social care, has been met with mixed reactions. Neil MacGillivray explores why it might not be as generous as first thought…

The need to find extra funding for the NHS and social care has been an issue previous governments have procrastinated over for many years. Covid-19, however, has brought matters to a head and force...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Andrew Aldridge: "Venture capital investing is of course to be considered as high risk, but if introduced to well-diversified portfolios then it can be effective without overstretching the total portfolio's risk level."

Andrew Aldridge: How advisers can use venture capital to target long-term above inflation

EIS opportunities

Andrew Aldridge
clock 08 August 2022 • 3 min read
Richard Burgess: "Gifts made for tax-saving purposes are unlikely to be considered in the donor's best interest and consequently should not be made without the permission of the court."

Richard Burgess: Attorneys should always look 'gift horses in the mouth'

LPAs and gifting explained

Richard Burgess
clock 04 August 2022 • 4 min read
In the 2020 /2021 tax year, 45% of CGT came from those who made gains of £5 million or more, HRMC said

CGT receipts for 2020/21 reach record £14.3bn - HRMC data

Up 42% from previous year

clock 04 August 2022 • 4 min read