Is this the end of National Insurance?

[expat]

I'm hugely in favour of the income tax/NI merge which was actually promised in 20101972. NI is so complex that most people don't know how much they pay, in what class, or why. Governments have used NI as an entire stealth ecosystem to bury taxes in. And of course NI is the natural enemy of the contractor, who must pay 2 sets of it (umbrella) or none (Ltd/dividends).

Throw out this rats nest and replace it with a nice tidy cupboard. And the same goes for the rest of the labyrinthine tax laws that give huge avoidance to the big boys, while fining the little people £100 if they so much as send a form in late.

FTFY

[expat]

You are correct from a point of view of a cretin who does not see the big picture and does not want to see it.

I hereby declare you the official CUK Cretin of the Year 2015.

Not so fast, young man. 2015 is far from over, there is still time for better candidates.

[AtW]

Not so fast, young man. 2015 is far from over, there is still time for better candidates.

sasguru isn't returning...

[OwlHoot]

sasguru isn't returning...

<cough> Euler

(Mind you, even under that alter ego he hasn't been around for a while.)

[Zero Liability]

There is a whole industry around our complex tax laws.

If they were simplified like in a lots of countries over half the industry would have to find new jobs....

Oh dear...

[AtW]

There is a whole parasitic industry around our complex tax laws.

If they were simplified like in a lots of countries over half the parasites would have to find new jobs....

FTFY

[Waldorf]

Unless they move to a tax on turnover

You mean VAT!

[Waldorf]

What about employer's NI?

They could still operate this, perhaps call it what it is, a Employer Payroll Tax.

[AtW]

The Govt will only change it if and only if it raises more tax revenue.

Period.

Therefore any changes are bad...