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In this assignment you are required to examine the benefits and drawbacks of National insurance versus Income tax by answering the following questions. A) Evaluate

In this assignment you are required to examine the benefits and drawbacks of National insurance versus Income tax by answering the following questions.

A) Evaluate the system of self-assessment in the UK for 2021-22, explaining the operation and scope of income tax, filing obligations and implications of non-compliance.

B) Evaluate the system of National insurance in the UK, explaining the scope of the different classes of contributions.

C) Compare and contrast the inter-generational equity of national insurance versus income tax as a means of funding the National Health Service and adult Social Care.

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