UK Parliament / Open data

National Insurance Contributions (Increase of Thresholds) Bill

I will give it one more try and will then write if I have not managed to make myself clear. The amounts raised through the levy will all go to health and social care spending. They are not the only things that determine the overall amount of health and social care spending and therefore responsible bodies’ budgets. It is also my understanding that, in the forecasts produced by the OBR alongside the Spring Statement, even with the increase to the thresholds, the amounts forecast to be raised through the levy are

more than previously anticipated when the levy was announced. I will undertake to write to the noble Baroness because I do not think my second or third attempt has satisfied her.

Type
Proceeding contribution
Reference
820 c1624 
Session
2021-22
Chamber / Committee
House of Lords chamber
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