SeasideTerrier
Well-known member
If a person needing social care resides in a house worth £160k they forfeit 50% of capital and be required to use the residual for non care costs.
If a person needing social care resides in a house worth £1.6m they forfeit 5% of capital and will use tax shelters.
Its termed as levelling-up.
If a person needing social care resides in a house worth £1.6m they forfeit 5% of capital and will use tax shelters.
Its termed as levelling-up.