No, that is not what I am confirming. I am confirming that the budgets set out at the spending review still stand and that every penny from receipts of the health and social care levy will go to bodies responsible for health and social care. That is the way in which the levy is hypothecated. It does not determine the overall budgets for the health and social care systems. The noble Baroness will know that their budgets are far bigger than the receipts from the levy. The hypothecation is that all the receipts from that levy go towards spending on those areas.
National Insurance Contributions (Increase of Thresholds) Bill
Proceeding contribution from
Baroness Penn
(Conservative)
in the House of Lords on Wednesday, 30 March 2022.
It occurred during Debate on bills on National Insurance Contributions (Increase of Thresholds) Bill.
Type
Proceeding contribution
Reference
820 c1624 
Session
2021-22
Chamber / Committee
House of Lords chamber
Librarians' tools
Timestamp
2022-04-20 11:53:57 +0100
URI
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