So, a person’s property would no longer be a disregarded asset if they need care in their own home? But everyone will be allowed to keep £100,000 of their wealth to pass onto their beneficiaries? https://www.theguardian.com/society/2017/may/17/theresa-may-conservative-tory-policy-older-people-pay-for-social-care. The devil will be in the detail for sure.
There is no mention that we can find of whether tariff income will still be charged when a person’s capital reaches this proposed new £100,000 limit and, if so, whether the lower capital limit will…Read More