tag:blogger.com,1999:blog-6093560390959788459.post9065139735791135283..comments2023-10-14T09:35:11.431+01:00Comments on The Financial Crimes: A very illiberal ideaAlexhttp://www.blogger.com/profile/13775753218753337766noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6093560390959788459.post-21611572402247357412012-02-10T19:35:36.234+00:002012-02-10T19:35:36.234+00:00"Companies can pay pension contributions gros..."Companies can pay pension contributions gross. So employees will just sacrifice salary so that companies can make contributions instead of them."<br /><br />Quite easy for HMRC to impute that as income (or have the law changed so it is). Might work, but it might not, which is why I said it might be better to take the taxed income and put it on deposit.Alexhttps://www.blogger.com/profile/13775753218753337766noreply@blogger.comtag:blogger.com,1999:blog-6093560390959788459.post-81209018854904708182012-02-08T16:34:49.659+00:002012-02-08T16:34:49.659+00:00This is yet another stupid idea that would have no...This is yet another stupid idea that would have no or a negative impact.<br /><br />Companies can pay pension contributions gross. So employees will just sacrifice salary so that companies can make contributions instead of them.<br /><br />Increase in tax take - nil.<br /><br />Net effect would be cash flow negative in the first year as the benefit of deducting PAYE before needing to pay the tax rebate unwinds.Edward Bhttps://www.blogger.com/profile/01525266360674749751noreply@blogger.com