2 ms·
One of the answers to this problem would be to roll Employees National Insurance into Income Tax At the moment NI is only paid on 'earned income' - Salary & Be
by youngtaff 6y ago
One of the answers to this problem would be to roll Employees National Insurance into Income Tax
At the moment NI is only paid on 'earned income' - Salary & Benefits
Merging it into Income Tax would mean it's also applied to 'unearned income' – savings interest, dividends etc
Would also remove the anomaly that people who reach the state pension age don't pay NI even if they carry on working