| The government is asking
businesses for their views on integrating
the income tax and national insurance
contributions (NIC) systems. Its call to
evidence, a preliminary consultation
launched in July and continuing until 19
September, aims to build a clear picture
of how employers are affected by having to
operate two different systems. Responses
received will help to shape the
government’s proposals for reform, on
which it will consult in the autumn.
The government believes that bringing
together the two systems – currently
operated entirely separately – can reduce
the burden on business and improve
fairness for individual earners.
David Gauke, Exchequer Secretary to the
Treasury, said: “Greater integration of
income tax and NICs will be a radical
reform, but we believe that it has
potential to bring real improvements. We
would like to hear from businesses and
other stakeholders before we move on to
further consultation later in the year.”
Topics the government is seeking views
on include how much staff time and other
resources are required to manage the
existing income tax and national insurance
systems, which aspects of the process
currently work well and how often problems
are encountered when calculating payments.
LINK:
Consultation on integrating income tax and
national insurance |
