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« Growth in the market for contractors in the UK | Main | Interest rates set to remain at an all time low »
Tuesday
Sep062011

Proposal to merge PAYE and National Insurance

Posted on DateTuesday, September 6, 2011

The Chancellors budget announcement for 2011 included a proposal to merge PAYE and National Insurance in the future. No further updates have been provided at this time. Belsize comment hat whilst this will simplify the tax system for UK contractors and employees, this could reduce the current tax benefit employed by contractors who structure their taxes to minimise their National insurance payments.

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