Budget 2011: NI/Tax merger consultation announced - UPDATE 3

clock

The government will consult on merging the operation of National Insurance and income tax but pensioners will not pay more tax as a result, George Osborne has announced.

Delivering his Budget, Osborne said using separate income tax and NI systems forced extra costs on businesses and taxpayers, and must be combined to make them "fit for the modern age". But he sa...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Maps seeks testers for MoneyHelper Pensions Dashboard

Maps seeks testers for MoneyHelper Pensions Dashboard

Body looking for savers aged 18 or over who have not begun withdrawing their pension

Martin Richmond
clock 03 March 2026 • 1 min read
Industry sets hopes on 'boring' Spring Statement

Industry sets hopes on 'boring' Spring Statement

Uneventful sequence of fiscal events this year will be welcomed by those in the industry

Jonathan Stapleton
clock 03 March 2026 • 2 min read
News Digest: Why Reform UK is misguided, mistaken and just plain wrong on the LGPS

News Digest: Why Reform UK is misguided, mistaken and just plain wrong on the LGPS

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 03 March 2026 • 1 min read
Trustpilot