Proposed revisions to the UK’s social care funding

It’s been dubbed the “dementia tax” and in the run-up to the General Election caused a huge controversy which resulted in Theresa May announcing a hasty u-turn in response to a backlash from Conservative-supporting newspapers and groups representing the elderly. But what is this tax and how would it effect families and elderly people across Britain? What is the dementia tax ? The so-called dementia tax is a series of a proposals from the Conservatives to reform the way that social care is provided and paid for. Under the Tory plans, anybody who decides to stay at home and receive care rather than moving into a residential care home would be able to pay for it using the value of their property once they have passed away. The plans put a threshold of £100,000 on the care meaning the entire value of the home apart from that first £100,000 would be reclaimable after a person’s death if he or she had social care in older age. The policy was announced by the Conservatives at the
http://bit.ly/2tudw20

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s