New government must set out roadmap for equalising NICs, says Work and Pensions Committee

Bogus self-employment in the gig economy is passing the cost of providing safety net support to the welfare state and leading to a substantial loss of tax revenue, a UK parliamentary committee said as it revealed a wide range of practices that “seemed to blur the line” between employment and self-employment.

The House of Commons Work and Pensions Committee’s inquiry into self-employment and the gig economy, launched in December 2016, was cut short by the prime minister’s decision to call a general election. How the welfare state adapts to a changing labour market is “one of the great issues of our time,” the committee said in an abridged report published on May 1.

My news story for Tax Analysts, May 3 (paywall)