Written question asked by Liz Kendall (Labour) on Thursday, 7 March 2024, in the House of Commons. It was due for an answer on Tuesday, 12 March 2024 (named day). It was answered by Nigel Huddleston (Conservative) on Thursday, 14 March 2024 on behalf of the Treasury.
State Retirement Pensions: Finance
- Question
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To ask the Chancellor of the Exchequer, with reference to his Financial Statement from 6 March 2024, Official Report, column 851, whether his Department has made an assessment of potential alternative funding mechanisms for the State Pension.
- Answer
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The Government believes the double taxation of work is unfair. That is why we’ve cut 4p from employee NICs in the last six months which will mean the average worker receives a tax cut worth £900 this coming year and why we are committed to ending this unfairness.
Cutting NICs rates does not affect anyone’s entitlement to the State Pension or contributory benefits.
Secondary information
- Type
- Written question
- Reference
- 17581
- Session
- 2023-24
- Related items
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Financial Statement and Budget Report
Wednesday, 6 March 2024
Proceeding contributions
House of Commons
-
Financial Statement and Budget Report
Wednesday, 6 March 2024
Proceeding contributions
House of Commons
- Grouped for answer
- Yes
- Transferred
- Yes
- Subjects
- Finance State retirement pensions
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2024-03-14 13:38:48 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2023-24/17581
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2023-24/17581
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2023-24/17581