Financial efficacy - Gideon knows |
Bad enough, but worse follows. Although he has decided to more than double the amount of fees having to be incurred by people before the state will pay for their old age care (from the £35,000 proposed by the Dilnot report to £75,000), Chancellor George Osborne has a bit of form on encouraging those with access to accountants and financial advisers to get free state paid care while avoiding paying their tax. In the video below, he popped up on the BBC to reassure the better off that they don't have to sell off their parents homes to pay for their care. Not at all - here he is on Andrew Neil's show explaining how they can avoid this legally with the help of some "clever financial products". This way they can avoid inheritance tax and get personal care paid for by the state.
So here we have our austerity-fetishist, service-cutting Chancellor helping the rich to get free social care which they are not intended to obtain free: now, isn't that benefits scrounging if ever? Or tax avoidance? Or both?
Oh, my apologies, taxes are only for the little people!
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