TaxPersonal TaxHypothecated health tax would save the NHS, says senior Cabinet minister

Hypothecated health tax would save the NHS, says senior Cabinet minister

Prime Minister Tony Blair is being urged to introduce a special earmarked health tax to overcome what has been labelled a funding crisis in the NHS.

A senior member of the cabinet has said that a hypothecated tax – set aside specifically for the health service – would be a relatively voter-friendly way of raising extra cash for the NHS, according to reports today.

Cabinet pressure to find a solution follows Mr Blair’s pledge to raise NHS spending up to the level of the European average, a rise of more than £9bn in real terms over five years.

The government has already set a precedent for hypothecation with the windfall tax for helping unemployed people and into work.

Last November chancellor Gordon Brown also promised that real-term increases in road fuel duties would be spent on transport and increases in cigarette taxes would be spent on health.

Fraud measures save NHS tens of millions

Related Articles

Rent-a-room relief – the survey says…

Personal Tax Rent-a-room relief – the survey says…

1m Helen Thornley, ATT Technical Officer
What should the OTS prioritise in its review of inheritance tax?

Personal Tax What should the OTS prioritise in its review of inheritance tax?

3m Alia Shoaib, Reporter
LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

4m Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

5m Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

6m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

6m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

8m Alia Shoaib, Reporter
Italy grants first successful non-dom status application to former UK non-dom

Personal Tax Italy grants first successful non-dom status application to former UK non-dom

9m Emma Smith, Managing Editor