{"id":144,"date":"2011-01-26T00:01:20","date_gmt":"2011-01-26T00:01:20","guid":{"rendered":"http:\/\/ssc.squareeye.com\/?p=144"},"modified":"2011-01-26T00:01:20","modified_gmt":"2011-01-26T00:01:20","slug":"inheritance-tax-could-it-be-used-to-fund-long-term-care","status":"publish","type":"post","link":"https:\/\/strategicsociety.org.uk\/inheritance-tax-could-it-be-used-to-fund-long-term-care\/","title":{"rendered":"Inheritance Tax: Could it be used to fund long-term care?"},"content":{"rendered":"

Should inheritance tax have a role in funding long-term care?<\/strong><\/p>\n

In debate on long-term care funding, a number of stakeholders have in recent years advocated a new inheritance tax to pay for an increase in social care spending and the abolition of means-testing. What are the pros and cons of such an approach?<\/p>\n

While the idea of a new inheritance tax to fund care and support has received significant coverage in policy debate, there has been less detailed analysis of the benefits and challenges to this approach, besides the obvious problems of convincing a hostile public.<\/p>\n

This report addresses this gap by examining in detail key policy design choices for this model, and some of the arguments for and against using a new inheritance tax to fund universal free care and support in England and Wales.<\/p>\n

As noted by supporters, a new inheritance tax for care and support would be relatively simple and communicable, as well as administratively feasible given the scope to scale up the existing probate system.<\/p>\n

However, problems with this approach include:<\/p>\n