Evaluate an HRD program for a company that produces paper products.
lowance of £11,850 (as of 2018/19) (UK Government, 2017) tax free to help low receivers of income, and anything over is taxed at various rates based on the band in which they fall. The design of the rate schedule should reflect the best available evidence on how responsive people at different income levels are. Certainty This cannon suggests that the tax needed to be paid, the place and other procedural information should be certain to the tax payer. This protects the individual from exploitation from the tax authorities. This also means the government should be able to estimate the tax yield within a certain degree of accuracy, so expenses can be managed. The system should have some degree of flexibility so that changes are possible without damaging the economy or contentment of the people. It must cope with the changing needs of politics, with tax rates changing year on year to deal with contributing factors, but should clearly be announced, and change of leadership in short successions, with a minimum of 5 years in the UK. Convenience Every tax should be levied in such a manner and at such a time that it gives the tax payer maximum convenience. Tax in the UK is generally collected by either taking from the tax payer before they receive the rest of the money, known as the Pay As You Earn (PAYE) system, or they pay it directly to the government (HMRC). Economy The cost of collecting tax should be the minimum so that a major part of collection is towards the treasury. If administration expenses consumes a large portion of tax revenue, it cannot be said it is a good tax system. Tax systems vary around the world due to historical and institutional differences, but any good system must seek the least aggregate sacrifice in its tax policies. For 2018, the UK government spent 2% of their total spending on general government where HMRC is included (Chantrill, 2019).>GET ANSWER