Skip to content
Search

Latest Stories

Submit Guest Post

No VAT on private healthcare ahead of November budget: Streeting

Chancellor Rachel Reeves is expected to raise taxes in the November budget to address a fiscal gap that economists estimate at tens of billions of pounds.

Wes Streeting

Wes Streeting has ruled out imposing VAT on private healthcare ahead of the November budget. (Photo: Reuters)

Reuters

UK will not impose a sales tax on private healthcare, health secretary Wes Streeting said on Tuesday, following reports that the government was considering the option ahead of the November 26 budget.

"It's not happening," Streeting told the BBC.


Chancellor Rachel Reeves is expected to raise taxes in the November budget to address a fiscal gap that economists estimate at tens of billions of pounds.

This has led to speculation about where cuts or increases might be made.

Reeves said on Monday that she would honour Labour’s manifesto pledge not to increase sales tax, known as value added tax (VAT), national insurance contributions or income tax rates.

She added that there would still be hard choices to make in November.

Add EasternEye As Your Trusted Source
preferred source on google news

More For You

Court representational

Insolvency Service investigators found the company had no Home Office sponsorship licence, no physical office and no evidence it ever filed a single visa application or helped anyone secure employment.

iStockphoto

Fake care recruiter shut down after taking £19,000 from overseas workers

A COMPANY that charged overseas workers for UK care jobs and visa sponsorship services it could not legally provide has been shut down after more than £19,000 was lost.

Twenty-three workers from Nigeria, Pakistan and the Philippines paid Medrecruiter Limited upfront fees for visa sponsorship and recruitment services.

Keep ReadingShow less