We store cookies on your device to make sure we give you the best experience on this website. I'm fine with this - Turn cookies off
Switch to an accessible version of this website which is easier to read. (requires cookies)

Dementia Tax - another Tory snatch

May 21, 2017 10:47 AM
Care homeLiberal Democrats condemn shameful dementia tax

If you own your own home, but need long term care in later life, you can forget leaving your home to your family. Conservative manifesto plans mean that your family would have to pay on average nearly 20% of the value of your home to repay the cost of your social care after you die. And that includes any care given to you in your own home.

The manifesto plans, which would mean that people would be forced to hand over all assets worth over £100,000 to pay for social care, would have a particularly damaging impact on sufferers of dementia, who have complicated long-term health needs.

The Liberal Democrats have hit out at the plans and are calling for a cap of £72,000 to protect people from crippling care costs.

Dr Wendy Taylor Liberal Democrat candidate for Newcastle East said:

"The Conservative Manifesto shows us that the nasty party is back. Theresa May is betraying the frail and elderly by snatching back their homes when they die.

"Many elderly people currently face the cruel situation of having to sell their home when they die to fund residential care home costs. Now the frail and elderly receiving care in their own home will face a 'Personal Death Tax' charged against their home. And the more help you need, the more Theresa May will snatch away when you die.

"It's clear that if the Conservatives get their way, as you get old and frail the costs are down to you and you alone.

"The Liberal Democrats will stand up to Theresa May's cold, mean-spirited Britain, protecting those that need the most help and fighting for a cap on social care costs of £72,000 to protect people in their old age."

"Under Conservative proposals, for the first time, many people who receive care at home will have their home taken into account, to meet the costs when they die. This will apply to the almost half a million people who receive domiciliary care in the UK.

"The Liberal Democrats in coalition secured a commitment to introduce a cap on care costs from 2016. However this was first delayed by the Conservative government and has now been scrapped. The Liberal Democrats have committed in their manifesto to implementing the recommendations of the Dilnot Commission."