Class 4 National Insurance Contributions

Yvette Cooper Excerpts

Wednesday 15th March 2017 Commons Chamber

[Mr Hammond]

Angela Knight is the chairman of the Office of Tax Simplification, and we will of course seek its advice in this matter. I am grateful to my right hon. Friend.

[Yvette Cooper (Normanton, Pontefract and Castleford) (Lab)]

May I just confirm the slightly astonishing thing that the Chancellor said a few moments ago—that the first person to raise the Tory manifesto with him was the BBC’s Laura Kuenssberg? Is it actually the case that nobody in No. 10 and nobody in No. 11 checked the Conservative manifesto before he wrote the Budget?

[Mr Hammond]

I did say that, but let me be clear: I think that Laura Kuenssberg was the first person after I spoke to raise the issue outside. The Government have always been clear, as I said on Wednesday evening and on Thursday, many times, and the Prime Minister said on Thursday evening, that we have always regarded the legislated tax locks as being the commitment we were working to. Our whole approach in the Treasury—all the work we do—is based around the tax locks that are in place. I accept, however, that there is a gap between the specific tax locks that were legislated and the wording that was used in the manifesto. We have today accepted that the more expansive interpretation should be the one that prevails, and that is why I have made the statement that I have.