Johnson gets Parliament backing for health and social care tax
London (TIP): British Parliament has approved Prime Minister Boris Johnson-led government’s new tax plan to fund its National Health Service (NHS) and social care services.
The House of Commons voted by 319 to 248 on september 8 evening to back the proposed Health and Social Care Levy, a new 1.25 per cent tax on workers and employers across the country, to be effective from April 2022.
Comes into effect in april next year : The proposed Health and Social Care Levy, a new 1.25 per cent tax on workers and employers, will be effective from April 2022 The PM Boris Johnson-led government’s plan is expected to raise an extra GBP 12 billion a year towards health and care costs
The dividend rates for companies will also go up by the same amount to cover what Johnson described as “biggest catch-up programme” for the state-funded National Health Service in the wake of the Covid-19 pandemic. It is expected to raise an extra GBP 12 billion a year towards health and care costs.
As the move breaks one of the ruling Conservative Party’s central election manifesto pledges, it has angered many of Johnson’s backbench Tory MPs. — PTI
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