Budget 2011: EBCs face NI confusion

clock

Employee benefit consultants (EBCs) will face a variety of problems if the government merges income tax and national insurance (NI), experts say.

George Osborne announced in his budget speech today the government will this year consult on merging the two systems to create 32% basic rate tax. The Chancellor claims this will make administration simpler for employers and cheaper for taxpayers. However, advisers and EBCs foresee problems with merging the two. "The effects of a merger of income tax and national insurance will create a bigger upheaval than the A-Day simplification changes," says Robin Hames, head of technical at Bluefin. "For more than a decade it seems like the merger of PAYE and NI has been the holy grail of ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Editor's message: When new beginnings come together

Editor's message: When new beginnings come together

Professional Adviser will be back on Tuesday

Jen Frost
clock 02 April 2026 • 1 min read
Women in Financial Advice Awards 2026: Nominations open!

Women in Financial Advice Awards 2026: Nominations open!

Awards to be held at Hilton Bankside in London

Professional Adviser
clock 24 March 2026 • 1 min read
PA Awards 2026: Photos from the night

PA Awards 2026: Photos from the night

Celebrating the advice profession's best

Professional Adviser
clock 20 March 2026 • 1 min read