It was reported by the Tax Payer’s Alliance (TPA) that Chancellor George Osborne aimed to merge the social security with income tax to move towards a single income tax and he is intended to include it in the Conservative Party’s next election manifesto.
The Tax Payer’s Alliance (TPA) suggested to include in the plan the NICs paid by employers. The move would support in simplifying the tax compliance and will make tax deductions more transparent.
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