TaxPersonal TaxReader comment – the burden of tax administration

Reader comment - the burden of tax administration

One obvious way to reduce the burden of tax administration is to scrap national insurance - or to have everyone pay the current £2 per week class 2 contribution.

In most small businesses that I deal with, the yield from national insurance exceeds income tax, but now more detailed records need to be kept for the three tiers of thresholds. The rules are different – and a major factor in the introduction of the controversial IR35 – but the money all goes into the same pot. For a PAYE inspection, two different inspectors are sent out to enforce the separate sets of rules for money collected from the same source.

It’s the equivalent of the old outside toilet.

Related Articles

Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

4w Alia Shoaib, Reporter
Italy grants first successful non-dom status application to former UK non-dom

Personal Tax Italy grants first successful non-dom status application to former UK non-dom

2m Emma Smith, Managing Editor
Industry reaction: Taylor Review does not go far enough in addressing tax issues

Legal Industry reaction: Taylor Review does not go far enough in addressing tax issues

2m Alia Shoaib, Reporter
HMRC collects record £5bn in inheritance tax

HMRC HMRC collects record £5bn in inheritance tax

3m Emma Smith, Managing Editor
Making Tax Digital: What might HMRC’s penalties model look like?

Corporate Tax Making Tax Digital: What might HMRC’s penalties model look like?

3m Alia Shoaib, Reporter
Does the Taylor Review sufficiently address the gig economy?

Corporate Tax Does the Taylor Review sufficiently address the gig economy?

2m Alia Shoaib, Reporter
HMRC tax evasion assistance requests double in five years

Corporate Tax HMRC tax evasion assistance requests double in five years

3m Emma Smith, Managing Editor
Rangers tax case to have ‘dramatic’ consequences for football and business

Legal Rangers tax case to have ‘dramatic’ consequences for football and business

3m Emma Smith, Managing Editor