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UK PM Mulls New Tax to Fund £18.5bn Care Service

7/29/2026

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Story summary
  • UK Prime Minister hinted taxes may be needed for an £18.5 billion National Care Service.
  • Tax expert Stuart Adam said a 10 percent levy would replace the 40 percent inheritance tax on estates above £325,000, noting Labour leader Andy Burnham warned it would raise only £9 billion a year.
  • Baroness Louise Casey said her social-care review will finish next year before funding decisions and dismissed a tax, noting the public already pays for care.