Class 4 National Insurance Contributions Debate

Full Debate: Read Full Debate
Department: HM Treasury

Class 4 National Insurance Contributions

Robert Courts Excerpts
Wednesday 15th March 2017

(7 years, 1 month ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Lord Hammond of Runnymede Portrait Mr Hammond
- Hansard - - - Excerpts

I have made it clear that there will be no increase in national insurance contributions during the remainder of this Parliament. As I have said, I am not setting out today the Conservative manifesto for the next general election. I am making a commitment for this Parliament, and I hope the House will be satisfied with that.

Robert Courts Portrait Robert Courts (Witney) (Con)
- Hansard - -

I declare an interest as someone who was self-employed until a few months ago. [Hon. Members: “Hear, hear.”] Thank you. As a member of the Federation of Small Businesses and the chairman of the all-party parliamentary group for small and micro businesses, I welcome today’s announcement from the Chancellor and thank him for it, as will the nearly one fifth of my constituents in Witney and west Oxfordshire who are self-employed. Will the Chancellor give a little more detail on the scope of the review he will undertake over the summer?

Lord Hammond of Runnymede Portrait Mr Hammond
- Hansard - - - Excerpts

Yes. First we will respond to Matthew Taylor’s report, which looks more widely at employment rights in a rapidly changing economy. We will look at parental benefits, which are the principal area where there is still a discrepancy in what is available for the self-employed and the employed. There are other relatively minor areas, but we will look at all of them and seek to, as it were, audit the differences in treatment between the employed and self-employed. The House and people outside will then be able to see in the round the difference in access to benefits and entitlements and the difference in contributions, and form a judgment about how we should move forward.