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Better bankingNovember 9 2022

Why a tax cut for the elderly would help us all

UK citizens are living longer, but social and economic conditions mean they are not necessarily living better in older age. Klentiana Mahmutaj reports.
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Why a tax cut for the elderly would help us allImage: Getty Images

People in the UK are living longer than ever before and the welfare of the growing elderly population is an ever more pressing social, economic and health problem. 

There is a radical, yet simple, win–win solution to keeping people of state-pension age socially engaged and economically productive: older people should remain in employment for longer, whether that is full- or part-time. 

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