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:
“One day my mother called me ... and she said, “Forty-nine million Americans saw you on television tonight. One of them is the father of my future grandchild, but he’s never going to call you because you wore your glasses.””
—Lesley Stahl (b. 1941)
“Do not discourage your children from hoarding, if they have a taste to it; whoever lays up his penny rather than part with it for a cake, at least is not the slave of gross appetite; and shows besides a preference always to be esteemed, of the future to the present moment.”
—Samuel Johnson (1709–1784)
“Although I’m trying very hard
To sound unlike a birthday card,
That’s all this is: so you may find it
Full of all that lies behind it
Admiration; friendship too;
And hope that in the future you
Reap ever richer revenue.”
—Philip Larkin (1922–1986)