The over-40s should pay a 'social care premium' tax to pay for care
A cross-party group says the current system is "unsustainable" with billions of pounds of extra funding needed.
https://news.sky.com/story/the-over-...-care-11418170
A joint report from the housing, communities and local government and health and social care committees says the "social care premium" would help address the problem of an "unsustainable" system.
It says the money raised would be held in a dedicated and audited fund to reassure the public it would only be used to provide social care.
Payments would start at the age of 40 and extend beyond 65, but a minimum earnings threshold should be considered to protect those on low incomes.