National Insurance Contributions (Increase of Thresholds) Bill Debate
Full Debate: Read Full DebateDepartment: HM Treasury
David Evennett
Main Page: David Evennett (Conservative - Bexleyheath and Crayford)Department Debates - View all David Evennett's debates with the HM Treasury
National Insurance Contributions (Increase of Thresholds) Bill
David Evennett ExcerptsThursday 24th March 2022
(2 years, 8 months ago)
Commons ChamberRead Full debate National Insurance Contributions (Increase of Thresholds) Act 2022 Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: Committee of the whole House Amendments as at 24 March 2022 - (24 Mar 2022)
Sir David Evennett (Bexleyheath and Crayford) (Con)
My right hon. Friend is making a powerful and informative speech. I welcome this Bill, as will my constituents in Bexleyheath and Crayford, because it is helping those on lower incomes. Increasing the national insurance threshold to be the same as the personal allowance is sensible and logical, and it will help the simplification and understanding of the system. I very much hope that he and the Government will in future look at more simplification of the system.
Mr Clarke
My right hon. Friend is absolutely right in saying that we want a simpler tax system, and we want to make sure that the burden of tax is lower. In the end, the tax system should be an incentive that rewards work, and that is what our measures today continue to support. On the point raised by my hon. Friend the Member for Rushcliffe (Ruth Edwards), 70% of all workers will have their NICs cut by more than the amount they will pay through the new health and social care levy.