COMMENT: We urgently need simpler taxes: National Insurance is a good place to start

July 02, 2014 12:24 PM

I wrote for City AM this morning on the Public Accounts Committee report and merging National Insurance with Income Tax:

JUST days after the House of Commons Public Accounts Committee published a damning report, describing tax authorities as “unable to cope” with the number and complexity of UK tax reliefs, it has emerged that the chancellor is considering abolishing employee’s National Insurance and merging it into income tax. This is genuinely great news. With a tax system that takes Tolley’s tax guides over 17,000 pages to explain, scrapping an unnecessary charge like National Insurance would yield significant simplification benefits.

 

Click here to read the full article

I wrote for City AM this morning on the Public Accounts Committee report and merging National Insurance with Income Tax:

JUST days after the House of Commons Public Accounts Committee published a damning report, describing tax authorities as “unable to cope” with the number and complexity of UK tax reliefs, it has emerged that the chancellor is considering abolishing employee’s National Insurance and merging it into income tax. This is genuinely great news. With a tax system that takes Tolley’s tax guides over 17,000 pages to explain, scrapping an unnecessary charge like National Insurance would yield significant simplification benefits.

 

Click here to read the full article

Latest Blogs:

Duncan Simpson

3:31 PM 25, Jul 2017 The TaxPayers' Alliance

TaxPayers' Alliance Icon

It's not more money that the NHS needs...

1:22 PM 25, Jul 2017 Ben Ramanauskas

TaxPayers' Alliance Icon

Guildford Action Day

10:44 AM 24, Jul 2017 Shahmir Sanni

TaxPayers' Alliance Icon

BBC Pay Day Dismay

3:58 PM 19, Jul 2017 Katherine Harvey

TaxPayers' Alliance Icon

BBC is right to publish salaries of its biggest stars

12:25 PM 19, Jul 2017 Harry Davis