HMRC umbrella company ‘checking tool’ looms for workers
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Britain's government should consider postponing a payroll tax increase in due in April which combined with higher inflation could drive a 30% rise in destitution, the National Institute of Economic and Social Research (NIESR) said on Tuesday.
The academic think tank also said finance minister Rishi Sunak should increase government spending in his forthcoming budget to reflect inflation, leaving the Bank of England greater scope to tackle rising prices by raising interest rates.