Inheritance tax to pay for care
Thousands more people are likely to be hit with inheritance tax to pay for an extension in state support for elderly care.
Clegg: 'Care plan will help people avoid selling homes'
Nick Clegg said a Government proposal will help many people who would otherwise have to sell their home to pay for their care.
He said: "One of the bits of the announcement we will be making at the beginning of the week is to say that we are going to dramatically increase the means test threshold.
"We will very much act as Dilnot recommended, by dramatically raising the point at which the assets you have [is raised], before you have to start paying for your own care.
"That will help many, many people, not just people might otherwise be selling their homes, which might be worth quite a lot, to pay for the care. But also many people who don't own their own homes, or own homes that are not worth very much in other parts of the country."
Mr Clegg made the comments on Sky News' Sunday Live with Murnaghan.
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Elderly care changes: What do they mean for you?
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Care cap could be paid for by inheritance tax freeze
Elderly care bills are to be capped by the state in a £1 billion move expected to be funded by dragging more people into inheritance tax.