Integrating the Operation of Income Tax and NICs

The Government is proposing to integrate the operation of the Income Tax and National Insurance Contributions systems, as announced in the 2011 Budget.

Following an initial consultation with businesses and other interested parties, to gather evidence on the burdens placed on employers and payroll professionals by having to operate two different systems, a formal stage 1 consultation will be issued in the autumn.

For advice on any tax matter, contact us.
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Ray Goodman
Managing Director
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The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.
 

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