New earnings tax

Posted on 07 Jun 2017
Share Blog Post

 Osborne considers income tax and NI merger


The Chancellor, George Osborne, has commissioned a study into the possible merger of income tax and National Insurance, which could lead to the creation of a single "earnings tax". The move would represent one of the biggest shake-ups of the tax system for decades.

The Chancellor had considered merging the two taxes in the final Budget of the last Parliament but decided not to amid concerns about problems linking the two IT systems say Harris & Co chartered accountants Northampton

View more blog posts

HMRC to close phone lines
Posted on 25 Mar 2024
HMRC to close phone lines
read more
More people in higher rate tax
Posted on 18 Mar 2024
More people in higher rate tax
read more
Tax cuts illusory
Posted on 13 Mar 2024
Tax cuts illusory
read more
MTD extended
Posted on 01 Mar 2024
MTD extended
read more
Back To Top
01604 660661