Sector Focus: Implications of the health and social care levy for charities

From Civil Society News:

The health and social care levy act 2021 (the levy) was introduced to pay for an increase in funding for health and social care. The implementation of the levy will occur in two stages, both of which will have considerable consequences for charities.

So, what do charities need to know about the change, and what steps are available to help mitigate any impact? According to the Office for Budget Responsibility, the levy is expected to raise £36bn over the next three years, with the monies initially earmarked to support the NHS and then to help the care sector. As National Insurance contribution (NIC) is not a devolved tax, it will apply to the whole of the UK.

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