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dementia care funding tax releif

Submitted on Wednesday 29th October 2014

Published on Thursday 30th October 2014

Current status: Closed

Closed: Monday 30th March 2015

Signatures: 2

Tagged with

Tax

Petition Action

dementia care funding tax releif

Additional Information

Most dementia and Alzheimers disease patients are self funding. Care costs are being met from the patient's savings. Shares have to be sold regularly to meet costs. This generates a capital gains tax liability. Therefore selling shares not just for care but for paying CGT. All affected patients should be granted amnesty from CGT and first degree relatives paying for care should be allowed tax releif on their payments. This instead of payment to GPs who are already well funded.


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