National Insurance Contributions (Reduction in Rates) Bill - Second Reading

Part of the debate – in the House of Lords at 4:29 pm on 12 December 2023.

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Photo of Baroness Vere of Norbiton Baroness Vere of Norbiton The Parliamentary Secretary, HM Treasury 4:29, 12 December 2023

I am grateful to be able to clarify that it is not set on a percentage basis at all. The amount of money that goes to the NHS is set in actual terms; for example, it is £160 billion in 2023-24 and will be £162.5 billion in 2024-25. It has nothing to do with the percentage of anything.

I will write to the noble Baroness, Lady Kramer, on the Taylor review and everything that she raised. That would probably be the most appropriate thing to do.

For the time being, I am grateful to all noble Lords who have taken part in the debate and I beg to move.

Bill read a second time and committed to a Committee of the Whole House.

Second Reading

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Committee of the Whole House

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