First three years will give £5.4bn out of £12bn annual proceeds to NHS, then chancellor will decide on allocation
The chancellor, Rishi Sunak, will decide what proportion of the £12bn annual proceeds from the health and social care levy will go to the NHS after 2025, legislation published by the government confirms.
MPs approved the government’s plan for a 1.25-percentage-point rise in national insurance contributions in a House of Commons vote on Wednesday, but full details of how it will operate were only published on Thursday, in a new health and social care levy bill.
