Apr. 25 2024
Source Page: Regulatory Horizons Council: the Future Regulation of Space TechnologiesFound: The UK has a long history of space ex ploration and has made significant contributions to the field.
Asked by: Baroness Lister of Burtersett (Labour - Life peer)
Question to the HM Treasury:
To ask His Majesty's Government, further to the Written Answer by Baroness Vere of Norbiton on 8 April (HL3589), whether they will now answer the question put; namely, what is their assessment of the implications for calculating entitlement to contributory working age benefits and pensions of abolishing, rather than cutting, national insurance contributions.
Answered by Baroness Vere of Norbiton - Parliamentary Secretary (HM Treasury)
The Government already cut employee NICs by 4p, self-employed NICs by 3p and abolished the requirement to pay Class 2 for self-employed people across Autumn and Spring without increasing borrowing or cutting spending. That is the model the Government wants to follow when it is prudent to go further.
The ambition to abolish NICs is about reducing tax and rewarding work, not about reforming the contributory benefits system. It is a long-term ambition, and the Government has been clear, this cannot be done overnight and this can only be done in a fiscally responsible way.
Cutting NICs rates does not affect anyone’s entitlement to the State Pension or contributory benefits.
Correspondence Apr. 24 2024
Committee: Work and Pensions Committee (Department: Department for Work and Pensions)Found: They may be able to use their former spouse’s National Insurance contributions to increase the amount
Apr. 24 2024
Source Page: Report on the proposed Green Freeports in Scotland Subsidy SchemeFound: tax sites; (c) first year capital allowance on plant and machinery; (d) zero rate of secondary National
Mentions:
1: Mark Garnier (Con - Wyre Forest) Expertise in trade finance, investment, insurance, currency trading and the wider associated legal service - Speech Link
2: Chi Onwurah (Lab - Newcastle upon Tyne Central) We have seen the National Space Council that was set up by one Prime Minister cancelled by the next, - Speech Link
3: Andrew Griffith (Con - Arundel and South Downs) In 2021, we published the UK’s first ever cross-Government national space strategy. - Speech Link
4: Andrew Griffith (Con - Arundel and South Downs) satellites, licensed and regulated out of the UK, are being flown as we speak and delivering all sorts of contributions - Speech Link
Mentions:
1: Robbie Moore (Con - Keighley) From the contributions we have heard in this debate, we know just how impactful it could be on constituents - Speech Link
Mentions:
1: Anthony Mangnall (Con - Totnes) It would be effectively a national licensing scheme. - Speech Link
2: None . (3) For the purpose of subsection (2)(b), a contract of insurance is an excluded contract of insurance - Speech Link
3: None . (3) For the purpose of subsection (2)(b), a contract of insurance is an excluded contract of insurance - Speech Link
4: None . (3) For the purpose of subsection (2)(b), a contract of insurance is an excluded contract of insurance - Speech Link
Mentions:
1: Lord Davies of Brixton (Lab - Life peer) points raised by UK Finance, the overall organisation for financial organisations, including banks and insurance - Speech Link
2: Viscount Younger of Leckie (Con - Excepted Hereditary) As with the first two groups debated then, many contributions have been made today and I will of course - Speech Link
3: Viscount Camrose (Con - Excepted Hereditary) My Lords, I now turn to the national underground asset register, which I will refer to as NUAR. - Speech Link
4: Lord Clement-Jones (LD - Life peer) UK’s economic and national security. - Speech Link
5: Viscount Camrose (Con - Excepted Hereditary) attended the last three discovery workshops, allowing this data.I close by thanking noble Lords for their contributions - Speech Link
Found: mentioned in paragraph (a), “benefits and welfare legislation” means— (a) the Social Security Contributions
Found: mentioned in paragraph (a), “benefits and welfare legislation” means— (a) the Social Security Contributions