TaxPersonal TaxPBR: Taxes may rise to fund NHS

PBR: Taxes may rise to fund NHS

In today's pre-Budget report, Gordon Brown hinted strongly that tax rates would have to rise if the UK is to meet the growing costs of a publicly funded health service.

After introducing an additional Pounds 2bn of public health spending for next year, the chancellor announced the first conclusions of a review into NHS funding carried out by Derek Wanless, former CEO of Natwest.

The Wanless report concluded that a health service, publicly funded by taxation was still the most appropriate and efficient mechanism for delivering healthcare in the UK.

But the chancellor said the service would need ‘significantly greater capacity and significantly more long-term investment’ if it was to meet the long term needs of the country.

Related Articles

Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

4w 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

2m Emma Smith, Managing Editor
Industry reaction: Taylor Review does not go far enough in addressing tax issues

Legal Industry reaction: Taylor Review does not go far enough in addressing tax issues

2m Alia Shoaib, Reporter
HMRC collects record £5bn in inheritance tax

HMRC HMRC collects record £5bn in inheritance tax

3m Emma Smith, Managing Editor
Making Tax Digital: What might HMRC’s penalties model look like?

Corporate Tax Making Tax Digital: What might HMRC’s penalties model look like?

3m Alia Shoaib, Reporter
Does the Taylor Review sufficiently address the gig economy?

Corporate Tax Does the Taylor Review sufficiently address the gig economy?

2m Alia Shoaib, Reporter
HMRC tax evasion assistance requests double in five years

Corporate Tax HMRC tax evasion assistance requests double in five years

3m Emma Smith, Managing Editor
Rangers tax case to have ‘dramatic’ consequences for football and business

Legal Rangers tax case to have ‘dramatic’ consequences for football and business

3m Emma Smith, Managing Editor