The Conservative Party

[Saddleworth2]

Struggling a bit with this 86k cap rule.
Once you've reached your limit, who pays for your ongoing care and what standard of ongoing care are you entitled to - is it the most expensive care home you can find or do you have to go into a local authority home?

Local authority are usually the best because they don’t have a profit imperative.

 

[metalblue]

National Insurance drops from 12% to 2% if you earn over £50,268/year. Raising it, while taking up to £1,000 off of those on Universal Credit, this will hit the lowest earners the most.
earn £184 p/w - 12% take home £161
earn £967 p/w - 2% take home £947
Disgusting.

NIC for employees | Low Incomes Tax Reform Group

Most employees pay National Insurance contributions (NIC) before they get their wages. On this page, we explain NIC issues that you might come across

www.litrg.org.uk

That’s not how it works at all.

earn £184 p/w you’ll pay no tax (income or NI)
After that and up to £967 p/w you’ll pay 12% NI, (income only after £12.5k per year)
and for anything above £967 p/w you’ll pay 2% on that part (and whatever income tax you need to pay).

 

[BobKowalski]

Struggling a bit with this 86k cap rule.
Once you've reached your limit, who pays for your ongoing care and what standard of ongoing care are you entitled to - is it the most expensive care home you can find or do you have to go into a local authority home?

Local Authority - except they won't have the funds. Downing Street in a briefing stated LA’s will be funded to help with this, but it’s a briefing so wouldn't rely on it.

There is still a lot of detail missing from all of this.

 

[BobKowalski]

YouGov snap poll...

‘How fair (+) or unfair (-) each age group thinks it is on people like them to raise National Insurance to pay for NHS and social care (net figures):

18-24 year olds: -40
25-49 year olds: -22
50-64 year olds: -7
65+ year olds: +30’

 

[Len Rum]

Local authority are usually the best because they don’t have a profit imperative.

You're wrong mate.
Local authority care homes are not better than the most expensive private care homes.
If it comes to it I want to use up my 86k in the most expensive care home I can find and then live there free thereafter.
Can I do that?

 

[BobKowalski]

‘Crucial response from that press conference for me was Sajid Javid admitting he can't say how much money social care will actually get and when, because it all depends on how NHS gets on with clearing the backlog. NHS bosses say it could take ten years’ @Sky

 

[abu13]

For the first time I am starting to feel myself aligning with the Tory party.

By this I mean that I feel the tories would be quite happy if I was to die suddenly at 68 years old with no burden on the state, while at the same time i find the thought of passing away at 68 more appealing than spending a 20 year retirement living in a world run my these morally bankrupt wankers.

 

[denislawsbackheel]

You're wrong mate.
Local authority care homes are not better than the most expensive private care homes.
If it comes to it I want to use up my 86k in the most expensive care home I can find and then live there free thereafter.
Can I do that?

No

 

[denislawsbackheel]

Local authority are usually the best because they don’t have a profit imperative.

Oh no they are not!

 

[Len Rum]

If as it appears it 'only' costs 2.5bn (per annum or over three years?) to fund the current cap of 86k why didn't an earlier government do this simply by borrowing a bit more?
This is small change in today's money.
Could have even reduced the cap further by a bit more borrowing.