Health and Social Care Levy Bill 2021-22

House of Commons Library -The Health and Social Care Levy Bill 2021-22 was introduced on 8 September 2021. The Levy is to be based on National Insurance contributions (NICs), which is paid by employees, employers and the self-employed. The majority of receipts from NICs are paid into the National Insurance Fund, to pay for contributory benefits (primarily the state pension). A single portion of the income from NICs is not paid into the Fund, but is allocated to the NHS. This briefing provides a short overview of the National Insurance system, before discussing the Government ’s plan for health and social care, its proposal for a new tax to fund this plan, and the content of the Bill.BriefingHouse of Commons Library - publications
Source: The Kings Fund - Health Management Specialist Collection - Category: Health Management Authors: Tags: NHS finance Source Type: news