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Proceeding contribution from Lord Hanson of Flint (Labour) in the House of Commons on Thursday, 13 January 2011. It occurred during Debate on bill on National Insurance Contributions Bill.


National Insurance Contributions Bill

We have had a useful debate. I tabled the new clause and amendments to secure from the Exchequer Secretary a commitment that the expenditure that we are forgoing—some £940 million—will be monitored and reviewed for effectiveness, that a mechanism will be put in place by which we can judge where, for whom and how it is having a benefit, and that we will review take-up over the three years of the scheme. I am reassured that he has reconfirmed what he said in Committee and will produce information on take-up on a regional basis. I genuinely welcome that. It might help if the Exchequer Secretary could indicate—he did not do this in his response—the current level of take-up of the scheme. In early December, at the end of the Committee stage, he mentioned that about 1,100 businesses had taken it up. One of our concerns was that his ambitious target of 400,000 over the duration of the scheme would not be met because of the slow take-up in the first six months. It would help initially if he could give that information now.


Secondary information

Type
Proceeding contribution
Reference
521 c463-4 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Business Employment Finance Greater London Increases National insurance NHS National Insurance Fund Public sector National insurance contributions New businesses VAT Take-up South East East of England
Legislation
National Insurance Contributions Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk