HMRC to pay our wages...
Discussion
http://www.telegraph.co.uk/news/newstopics/politic...
HMRC to receive gross income from employers and deduct tax in house then forward net income to the employee.
All in the interests of efficiency and accuracy.
HMRC to receive gross income from employers and deduct tax in house then forward net income to the employee.
All in the interests of efficiency and accuracy.
Quote:
"Under the centralised deductions system, employers would pay workers’ monthly salary into a central calculator run by HMRC.
There, income tax deductions would be made automatically and the net salary then passed on to the worker by HMRC.
Instead of a payslip detailing pay and deductions, workers would only find out how much income tax they had paid by asking HMRC. "
A bit of political wizardry going on here I suspect.
HMRC cock up royaly (despite what BG would like you to think), then plan such an intrusive system that our "libertanian" government will have no option but to cancel it, and we are back to square one again.
"Under the centralised deductions system, employers would pay workers’ monthly salary into a central calculator run by HMRC.
There, income tax deductions would be made automatically and the net salary then passed on to the worker by HMRC.
Instead of a payslip detailing pay and deductions, workers would only find out how much income tax they had paid by asking HMRC. "
A bit of political wizardry going on here I suspect.
HMRC cock up royaly (despite what BG would like you to think), then plan such an intrusive system that our "libertanian" government will have no option but to cancel it, and we are back to square one again.
I think it will be fine because government computer systems are 100% bug-free and fool-proof so there will be zero problems. Often, you will find that such big computer projects are well under budget and completed ahead of the announced deadline. I have 100% faith that everything will be perfect.
Off-topic, this Glen Morangie is delicious.
Off-topic, this Glen Morangie is delicious.
ShadownINja said:
I think it will be fine because government computer systems are 100% bug-free and fool-proof so there will be zero problems. Often, you will find that such big computer projects are well under budget and completed ahead of the announced deadline. I have 100% faith that everything will be perfect.
Off-topic, this Glen Morangie is delicious.
try a 16 yo Glen Grant and you'll be expecting a rebateOff-topic, this Glen Morangie is delicious.
The real Apache said:
ShadownINja said:
I think it will be fine because government computer systems are 100% bug-free and fool-proof so there will be zero problems. Often, you will find that such big computer projects are well under budget and completed ahead of the announced deadline. I have 100% faith that everything will be perfect.
Off-topic, this Glen Morangie is delicious.
try a 16 yo Glen Grant and you'll be expecting a rebateOff-topic, this Glen Morangie is delicious.

Lost_BMW said:
Heard this on Money Box today. Only one thought . .
"Nooooooooooooooooo!"
Can you imagine how long it will take for your wages to filter through the system."Nooooooooooooooooo!"
If you start a new job i wouldn't be even vaguely surprised if it took 3 months for your first wages to come through.
I once joked that Gordon Browns ideal tax system would see all our money paid directly to the government who would release a small amount to us for daily living expenses. If you wanted any more for a new telly/car/ sofa then you would have to put in an application and if your desired purchase was deemed necessary and within predetermined spending limits then the funds would be released to you. 

Arnold The Bat said:
I once joked that Gordon Browns ideal tax system would see all our money paid directly to the government who would release a small amount to us for daily living expenses. If you wanted any more for a new telly/car/ sofa then you would have to put in an application and if your desired purchase was deemed necessary and within predetermined spending limits then the funds would be released to you.
And that's exactly what all socialists want, not just Gordon Brown.Here is the HMRC consultation document. Section 5 describes the proposals for "Centralised Deductions".
I would suggest that responses ought to be sent directly to HMRC asking exactly what they are smoking/snorting/injecting...
Fundamentally wrong.
I would suggest that responses ought to be sent directly to HMRC asking exactly what they are smoking/snorting/injecting...
Fundamentally wrong.
Couple this zany scheme with a freshly sold off private Postal service and the recipe for chaos is almost complete, add into the mix general civil service mismanagement and it would be unworkable in the real world.
They probably started the switch a while ago and the "consultation" will follow the normal path of being more like a "this is what is happening like it or not" rather than the what do you think of this idea ? that it should be.
They probably started the switch a while ago and the "consultation" will follow the normal path of being more like a "this is what is happening like it or not" rather than the what do you think of this idea ? that it should be.
Loving the responses so far.
This is a statists wet-dream. All deductions made centrally. Income tax, child support, court fines, council tax payments. Pay now and argue about it later via HMRC's adjustments department. Joy!
At least we'd have the inevitable computer system crash to look forward to.
This is a statists wet-dream. All deductions made centrally. Income tax, child support, court fines, council tax payments. Pay now and argue about it later via HMRC's adjustments department. Joy!
At least we'd have the inevitable computer system crash to look forward to.

PAYE was one of the [if not THE] biggest errors made by government that it foisted on the general public.
It was originally envisaged as a tax system for public employees only but grew in committee to cover everyone and it has lead the state to take for granted the acquiescence of the people to pay taxes without compunction or concern.
There is only one way to improve PAYE and that is to scrap it, it has spawned almost all the financial waste in government, every b
d son of a failed project can be tracked to this mother of all failures in government.
Giving the state money only encourages them to spend it stupidly, giving them carte blanch to take it as you earn made it infinitely worse, now they want to effectively have all the money then pay you out what they think is appropriate, they can f
k right off! I'd tell my employees tyo go self-employed straight away, because I won't [on principle] give the state the money earned by my men, end of.
It was originally envisaged as a tax system for public employees only but grew in committee to cover everyone and it has lead the state to take for granted the acquiescence of the people to pay taxes without compunction or concern.
There is only one way to improve PAYE and that is to scrap it, it has spawned almost all the financial waste in government, every b
d son of a failed project can be tracked to this mother of all failures in government.Giving the state money only encourages them to spend it stupidly, giving them carte blanch to take it as you earn made it infinitely worse, now they want to effectively have all the money then pay you out what they think is appropriate, they can f
k right off! I'd tell my employees tyo go self-employed straight away, because I won't [on principle] give the state the money earned by my men, end of.Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff


