Lord Sikka
Main Page: Lord Sikka (Labour - Life peer)Department Debates - View all Lord Sikka's debates with the Cabinet Office
National Insurance: Charity Sector
Lord Sikka Excerpts(2 days, 14 hours ago)
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Baroness Twycross (Lab)
Without wanting to repeat what my noble friend Lord Livermore would have said had he been here, we inherited a £22 billion black hole. I appreciate the sector’s concern, but, regrettably, as part of the Autumn Budget, the Government had to take a number of difficult decisions on tax and welfare spending. I know the Chancellor highlighted this decision as one of the hardest she had to make in respect of the Autumn Budget.
Lord Sikka (Lab)
My Lords, does the Minister agree that the impact of national insurance contributions on the charity sector can be alleviated by levying national insurance on capital gains and dividends?
Baroness Twycross (Lab)
That is a matter for the Chancellor, and I will pass on my noble friend’s suggestion.