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National Insurance Contributions 2025-02-04

04 February 2025

Lead MP

James Murray

Debate Type

General Debate

Tags

DefenceTaxationEmployment
Other Contributors: 8

At a Glance

James Murray raised concerns about national insurance contributions 2025-02-04 in the House of Commons. A government minister responded. Other MPs also contributed.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Opened the debate
The draft Social Security (Contributions) Regulations set national insurance contribution rates, limits and thresholds for the 2025-26 tax year. They also provide a Treasury grant of up to 5% of estimated benefit expenditure into the National Insurance Fund and extend veterans' employer relief. Child Benefit and Guardian’s Allowance will increase by CPI (1.7%) in line with inflation.

Government Response

DefenceTaxationEmployment
Government Response
With the leave of the House, Madam Deputy Speaker, I responded to the comments of hon. Members, noting that while we had to take difficult decisions such as increasing employer national insurance contributions and lowering secondary thresholds due to the fiscal situation inherited from previous governments, the Office for Budget Responsibility (OBR) predicts an increase in employment levels from 33.1 million to 34.3 million between 2024 and 2029.

Shadow Response

None
Shadow Response
The hon. Member for Grantham and Bourne set out the official Opposition’s response, but largely focused on impacts of a different piece of legislation (the Employment Rights Bill) rather than the statutory instruments under discussion. He supported our extension of veterans relief until April 2026.
Assessment & feedback
Summary accuracy

About House of Commons Debates

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