Proceeding contribution from Lord Hanson of Flint (Labour) in the House of Commons on Tuesday, 23 November 2010. It occurred during Debate on bill on National Insurance Contributions Bill.
National Insurance Contributions Bill
But there were no caveats about a shortfall in the Budget proposals of about £1.4 billion. I think it is smoke and mirrors—and, as my hon. Friend the Member for Edmonton (Mr Love) said, it is coupled with the increase in VAT from next year. The VAT rise will impact more than three times as much as the increase to national insurance contributions would have done, and will affect 250,000 jobs.
Secondary information
- Type
- Proceeding contribution
- Reference
- 519 c199
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Business Employment Employees' contributions Employers' contributions Increases National insurance contributions New businesses Tax allowances VAT Tax rates and bands Labour market
- Legislation
- National Insurance Contributions Bill 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 13:44:29 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_684387
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