Future
In the March 2011 Budget, Chancellor George Osborne announced that the Government would consult on merging the operation of Income Tax and National Insurance.
The idea is to simplify the tax system, but the options to be considered do not include extension of NI contributions to other forms of income such as pensions, dividends and savings.
Read more about this topic: National Insurance
Famous quotes containing the word future:
“It lives less in the present
Than in the future always,
And less in both together
Than in the past.”
—Robert Frost (1874–1963)
“But what we strive to gratify, though we may call it a distant hope, is an immediate desire; the future estate for which men drudge up city alleys exists already in their imagination and love.”
—George Eliot [Mary Ann (or Marian)
“I am always glad to think that my education was, for the most part, informal, and had not the slightest reference to a future business career. It left me free and untrammeled to approach my business problems without the limiting influence of specific training.”
—Alice Foote MacDougall (1867–1945)