According to the IFS, median earners on around £27,500 can expect to be around £400 worse off in 2022-23 than in this financial year, even after the increase to the national insurance floor. Are they getting back all that they put in? How do the hon. Gentleman’s comments square with the lived experience that people on median earnings will have in the forthcoming financial year?
National Insurance Contributions (Increase of Thresholds) Bill
Proceeding contribution from
Richard Thomson
(Scottish National Party)
in the House of Commons on Thursday, 24 March 2022.
It occurred during Debate on bills on National Insurance Contributions (Increase of Thresholds) Bill.
Type
Proceeding contribution
Reference
711 c490
Session
2021-22
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2023-01-31 15:48:13 +0000
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