Proceeding contribution from David Gauke (Conservative) in the House of Commons on Monday, 17 December 2007. It occurred during Debate on bill on National Insurance Contributions Bill.
National Insurance Contributions Bill
Right. Well, I want to make it clear that the HMRC impact assessment refers to the 2.1 million people with earnings above the upper earnings limit who have contracted out. The assessment states:"““These individuals will either see a reduction in their take home pay (as they will get a lower rebate on their NICs than would otherwise have been the case) or a reduction in the money that goes into their pension scheme compared to not introducing the UAP until 2012/13.””" Does the Financial Secretary agree?
Secondary information
- Type
- Proceeding contribution
- Reference
- 469 c641
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Income tax National insurance Personal income Poverty National insurance contributions State retirement pensions Tax rates and bands
- Legislation
- National Insurance Contributions Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-16 00:01:19 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_430792
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_430792
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_430792