Income tax and NICs reform – Budget update

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The Government announced in Budget 2011 that it would consult on the options, stages and timing of reforms to integrate the operation of income tax and NICs. Since then, the Government has issued a call for evidence, published a response and set out an indicative timetable for reform in Integrating the operation of income tax and National Insurance contributions: Next steps.

Following detailed work over recent months, the Government will consult shortly on a broad range of options for employee, employer and self employed NICs.

Tags: 2012 budget, income tax

This entry was posted on Wednesday, March 21st, 2012 at 17:40 and is filed under Budget. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.