Mark Whitehouse McGrigors looks at some of the differences between income tax and National Insurance both in terms of the scope of the charges and the procedures that apply to each
Although policy responsibility for social security has remained with the Department for Work & Pensions the merger of the Contributions Agency with the Inland Revenue put National Insurance contributions policy firmly under the Revenue's control. This might have been an opportunity for simplifying employment taxes generally; even confronting the vexed issue of whether or not NICs should in fact just be a tax. A little over six years after the Social Security Contributions (Transfer of Functions etc) Act 1999 came into force there remain differences between income tax and NIC which appear to defy sensible explanation. There also appears...
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Mark Whitehouse McGrigors looks at some of the differences between income tax and National Insurance both in terms of the scope of the charges and the procedures that apply to each
Although policy responsibility for social security has remained with the Department for Work & Pensions the merger of the Contributions Agency with the Inland Revenue put National Insurance contributions policy firmly under the Revenue's control. This might have been an opportunity for simplifying employment taxes generally; even confronting the vexed issue of whether or not NICs should in fact just be a tax. A little over six years after the Social Security Contributions (Transfer of Functions etc) Act 1999 came into force there remain differences between income tax and NIC which appear to defy sensible explanation. There also appears...
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