Old age haiku 5th July, 2011.

Source: The Oldie

A Commission has drawn up plans to fund old age in which no-one would have to pay more than 30% of their savings and assets towards their own care. It suggested raising the limits on assets a person may hold while qualifying for state help from £23,250 to £100,000.

People would still be liable for care home costs but this would be limited to £10,000.
Many feel this is just a rearrangement of the death tax idea of folk funding their own care.

Death and taxes are
two certainties. You can bank
on death taxes too.