Reeves’ LLP tax raid will trigger an exodus of family doctors
Rachel Reeves plan for a tax hike on partnerships will decimate the GP workforce – and her government’s plans to turn the NHS around, says Katie Collin
We’re now a month nearer to Reeves’ second Autumn Budget, and the speculation has come thick and fast. But of all the tax raids potentially on the horizon – and there are many – for me, there is one that would be particularly catastrophic. And all it’ll do is crush Starmer’s lofty plans for the NHS.
What I’m talking about here is the touted end to national insurance exemptions for partnerships – a move that will supposedly make a £2bn dent in our budget deficit. While Reeves is said to be looking at ways to protect GPs from such a policy shift, let me tell you, family doctors across the country still have no certainty over the future of their incomes. And as is characteristic pre-Budget, we’ll no doubt see conflicting announcements from Number 11 over the coming weeks.
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