NIC-income tax merger: cutting red tape or hiding tax rises?
Monday, August 01, 2011 | Posted by: Dave Jennings
Categories:
Business,
Employer,
Personal
| Tags: income tax,
Dave Jennings,
tax avoidance,
NIC,
consultation,
National Insurance,
Office for Tax Simplification,
OTS,
PAYE,
National Insurance Contributions,
Tax Investigations,
Real Time Information,
merger,
pensioners
Integrating income tax and National Insurance will reduce the administrative burden on employers and stem the number of mistakes made in administering PAYE, says HM Revenue & Customs. Under a new ‘call for evidence’, you have until September 2011 to agree or disagree. Is this genuine red tape-cutting or a tax-raising agenda?
