Class 4 National Insurance Contributions

Lord Elystan-Morgan Excerpts

Wednesday 15th March 2017 Lords Chamber

[Lord Young of Cookham]

I am grateful to my noble friend for drawing attention to the very good debate that we had yesterday on the Budget Statement. I will ensure that the Chancellor is aware of the views that were expressed by him and others, not just on the national insurance issue but also on probate and the changes to the dividend tax allowance. Whether it was my noble friend’s speech last night that caused the Chancellor to change his mind this morning, I am not quite so sure, but I am grateful for his support this evening.

[Lord Elystan-Morgan (CB)]

My Lords, does the Minister accept that the Statement is a brilliant piece of euphemistic improvisation? It may well be that the man in the street will remind himself of a line of Victorian poetry, “Someone had blundered”. However, does he accept that it is entirely appropriate for the Government to proceed with extreme caution on this fateful day, the Ides of March?

[Lord Young of Cookham]

I am grateful to the noble Lord. He said “improvisation”, but I think he does an injustice to the minds of the civil servants, politicians and spads who had to put together the Statement that the Chancellor made a few moments ago.