Will Forster

Lib Dem Spokesperson for Woking and Councillor for South Woking Learn more

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Lib Dems launch mock estate agents attacking May’s Dementia Tax for taking 46% of average house in Woking

by willforster on 2 June, 2017

A mock estate agency called “Theresa May and Co” has been launched by the Lib Dems today attacking Theresa May’s Dementia Tax.

The Conservative policy would force the sale of family homes to fund care for elderly and vulnerable relatives.  It is estimated that the Dementia Tax would cost £173,282 for someone receiving ten years of care living in an average-priced home in Woking.  Across Woking, 45.90% of the value of the average home would be wiped out to pay for the Dementia Tax.

Theresa May wants to force you to sell your house if you need long-term care. The effects of this cruel and unfair policy will be massive, and will have a huge people on people across our community.  Elderly and vulnerable people across Woking face losing almost half of their home to fund this ill-conceived policy, with nine out of ten homes potentially at risk.

This is like a new type of inheritance tax – but one that’s targeted at people of modest means, not the wealthy.  The Conservatives want to tax ordinary hardworking families out of their savings and homes if their relative is unfortunate enough to need years of care: it is grotesquely unfair.  There is a week left in this campaign: if Theresa May fails to come clean to the British public, how can she be trusted?

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