On 10 March 2011, the Office of Tax Simplifications published its interim report on simplifying small business taxation. One of the major structural changes recommended for the longer term was the integration of income tax and NICs. This proposal was subsequently accepted by the Government at the time of Budget 2011.
As implementation would be complex and involve a wide range of policy and implementation issues, the Government announced its intention to start consultation on the options, stages and timing of reform.
Do you have any views on the proposals to merge PAYE tax and NICs?
Think it's a good idea but next to impossible to implement?
The government would like your views and has posed 14 questions in an effort to understand the issues involved.
Click on this link for full information. http://greengagespayroll.blogspot.com/p/integrating-operation-of-income-tax-and.html
This will also open up the links you will need to take part in the questionnaire. The questionnaire is open to anyone who wishes to express an opinion and is especially relevant to employers and payroll providers. A rare chance to truly get our opinions heard and one that I will certainly take advantage of.
Long overdue - this must make sense to combine 2 earnings related national taxes.
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