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.
Thousands more people are likely to be hit with inheritance tax to pay for an extension in state support for elderly care.
Health Secretary Jeremy Hunt has announced plans to cap bills for long-term care in old age at £75,000 in England, in a £1 billion move to be funded by dragging more people into the inheritance tax net.
Campaigners voiced disappointment at the level of the cap - more than double the £35,000 recommended by the independent Dilnot Commission in 2011.
The Government will set out plans for the long-term funding of social care in England. Find out how it will affect you and your family...
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.