Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate her Department has made of the cost to the public purse of providing an exemption from National Insurance contributions for Indian nationals through the UK-India trade agreement.
The OBR will certify the impact of the trade deal including the Double Contributions Convention in the usual way at a fiscal event, once the deal is finalised and ratified. The agreement to negotiate a Double Contributions Convention was made in the context of the wider deal, which will bring billions into the economy.