4 ms·
Agree PAYE and NI should be merged – the distinction between earned and unearned income in the UK benefits those with capital rather than people who actually wo
by youngtaff 4y ago
Agree PAYE and NI should be merged – the distinction between earned and unearned income in the UK benefits those with capital rather than people who actually work
To me dividends escape employers NI in the sense that if they were paid as salary then they'd attract employers NI and contractors can choose whether to take income as salary or dividends
As a contractor I've always disagreed with the argument that "it's unfair that contractors pay employers NI" and think many contractors see their company's income as their personal income when it's not
- vidarh 4y agoThe PAYE/NI distinction is really because it's wildly politically inconvenient to admit that the difference between the lower and higher tax band is effectively much smaller than most people think it is. Merging them would create a lot of political pressure to widen the difference.