VAT on private healthcare: “not happening,” says Wes Streeting.
VAT on private healthcare: “not happening,” says Wes Streeting.
Translation: the current VAT exemption stays in place for the autumn Budget. You can stand down the calculator (for now).
What this means:
No new VAT line item on private healthcare this Budget; focus remains on getting value from cover and managing other costs like IPT.
If you haven’t reviewed your policy recently, it may be appropriate to check benefits, excesses and add-ons still suit your needs and budget.
📞 If a review could be relevant for you or your team, I’m happy to have a conversation.
FCA note: Information only, not advice. Eligibility, benefits and exclusions depend on insurer, product and underwriting.