Monday 20 August 2018

Government's ‘care Isa’ plans will only work for minority of wealthy people, Tory MP warns

Government's ‘care Isa’ plans will only work for minority of wealthy people, Tory MP warns A senior Tory MP has condemned plans for a new “care Isa” to fund end of life treatment, arguing that it would only work for a “small minority of wealthy people” who can afford to invest.

The Isa - which would be exempt from inheritance tax - is reportedly being considered by the government in an effort to solve the country’s social care crisis.

But Sarah Wollaston, the chair of Commons Health and Social Care Committee, has said the plans were a “colossal mistake” and she claims that they would not solve the crisis “at all”. The Independent

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