Chancellor Rachel Reeves faces pressure to impose VAT on private healthcare to generate funds for the NHS. Lord Neil Kinnock advocates ending the VAT exemption for private healthcare, projecting over £2 billion in annual revenue. The Good Growth Foundation's analysis supports this by highlighting public support for taxation on private healthcare. Kinnock asserts that current healthcare systems need reform, as many people are forced into private care. Labour previously moved to end VAT exemption on private school fees while maintaining a pledge not to increase taxes for working people.
"Introducing VAT on private health provision could provide vital funding for the NHS and social care," Kinnock said. "Ending the VAT exemption to generate much-needed revenue is a reasonable and widely-supported step."
"We have sleepwalked into a two-tier healthcare system," said Praful Nargund, director of the Good Growth Foundation. "People are being forced to go private for care they should get for free. That's not a system in need of tweaks-it's a system on the brink and in need of major reform."
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