National Insurance Contributions

Caroline Nokes Excerpts

Tuesday 4th February 2025 Commons Chamber

[James Murray]

The regulations contain a provision for us, in case it is needed. The expectation is that it will not be. As I mentioned, a Government Actuary’s Department report laid alongside the regulations has forecast that the Treasury grant will not be required in 2025-26. The provision in the regulations is a precautionary measure, and is in line with what has happened in previous years. The Government consider it prudent to continue the practice of previous years, and to make provision for the grant in these regulations. I hope that answers the hon. Gentleman’s question.

The regulations enable an increase in child benefit and the guardian’s allowance in line with prices. Without these regulations, HMRC would be unable to collect national insurance contributions receipts, and child benefit and guardian’s allowance would be frozen at the 2024-25 levels. I hope that colleagues will join me in supporting the regulations.

[Madam Deputy Speaker (Caroline Nokes)]

Before I call the shadow Minister, I inform the Liberal Democrat spokesman that I will call him immediately afterwards.