Govt begins work on 2017 NI reform

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The government is set to create working groups to begin reforming the income tax and national insurance contribution (NIC) systems.

Her Majesty's Revenue and Customs (HMRC) and the Treasury (HMT) ran consultations between July and September this year asking stakeholders to identify problems with the current system, after the government promised reform at Budget 2011. HMRC announced today that it will work with stakeholders further on specific areas of NI and income tax, before consulting publicly again in 2013 and putting reform in place by 2017. Specifically, this round of consultations with working groups will focus on removing the burden of NI and income tax administration on employers. To do this, the gover...

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