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Is it time to scrap National Insurance?
Comments
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It would be a VERY courageous decision, minister - In my best Humphrey voice.
Kanga, check out this article on the exact same subject appearing just a few days later...The_Guardian wrote:You can imagine Treasury officials telling the chancellor, in best Yes Minister fashion, that he is being awfully “courageous” in risking so many votes.
I hope you're on commission!
http://www.theguardian.com/business/economics-blog/2015/jul/26/time-to-look-at-national-insurance-the-ultimate-stealth-tax0 -
Pension income tax rate should remain the same (no NI) at whatever age (55+), otherwise it would be a 60% increase in the tax payable. Pension drawdowns for those still working (but over 55) would also be impacted if NI is merged.0
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