Government considers over-40s social care tax

Houses of Parliament, Big Ben, London, England, uk

 The government is considering funding social care through a German-styled model, with a 2.5% levy on wages for the over 40s, a new report has claimed. An over-40s tax could raise half the money needed to plug the £30bn-a year funding gap the UK faces by 2031, according to pensions and risk consultancy Hymans Robertson….

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