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)
“The present hour is always wealthiest when it is poorer than the future ones, as that is the pleasantest site which affords the pleasantest prospects.”
—Henry David Thoreau (1817–1862)
“We must choose. Be a child of the past with all its crudities and imperfections, its failures and defeats, or a child of the future, the future of symmetry and ultimate success.”
—Frances E. Willard 1839–1898, U.S. president of the Women’s Christian Temperance Union 1879-1891, author, activist. The Woman’s Magazine, pp. 137-40 (January 1887)