UK Proposes All Paychecks Go to State First

this is NOT an Onion parody!

The UK’s tax collection agency is putting forth a proposal that all employers send employee paychecks to the government, after which the government would deduct what it deems as the appropriate tax and pay the employees by bank transfer.

Big Ben & London Eye
Sharon Lorimer

The proposal by Her Majesty’s Revenue and Customs (HMRC) stresses the need for employers to provide real-time information to the government so that it can monitor all payments and make a better assessment of whether the correct tax is being paid.

HMRC described the plan as “radical” as it would be a huge change from the current system that has been largely unchanged for 66 years.

via UK Proposes All Paychecks Go to the State First – CNBC.

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