Whiting defends NI/income tax merger suggestion
John Whiting defends removing seperation of NI and income tax suggestion, on Accountancy Age's website
John Whiting defends removing seperation of NI and income tax suggestion, on Accountancy Age's website
THE HEAD of the government body looking at simplifying the tax regime has defended his suggestion to consider merging national insurance and income tax.
John Whiting, tax director of the Office for Tax Simplification and CIoT tax policy head, responded to web comments posted on Accountancy Age’s website that criticised the proposal as potentially increasing pensioners’ tax bills.
He said that the OTS team were “well aware” of the current national insurance exemptions, and such issuers would be taken into account before and change in tax rules were made.
“I think we have to look at this whole area – even if many people have looked at it before. And there will be plenty of time to comment on our reports before any changes results,” said Whiting.
View the web comments, including John Whiting’s, here.
More about:
The numbers you crunch tell a story. Your expertis...
13yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleMorton became Tax Director of the Office of Tax Simplification, an independent office of HM Treasury, in 2017 Read More...
View articleMPs endorse appointment of new OTS chair but raise concerns over 'defective' appointment process Read More...
View articleFinance Bill Sub-Committee to assess decision to establish a permanent OTS Read More...
View articleIncome tax/NI merger would fail to receive ACCA's support if used by government to raise revenues Read More...
View articleCutting red tape and introducing RTI are policies that just don't fit together, says Kevin Reed Read More...
View articleOffice of Tax Simplification calls for radical overhaul of employee benefits tax and administration rules Read More...
View articleSenior tax advisors welcome the first stage of the taxman's attempts to improve service delivery, with visits to each others' turf proving an eye-open...
View articleConsultation means Finance Bill remains manageable, says Office of Tax Simplification tax director Read More...
View article