Clause 5

Part of National Insurance Contributions Bill – in a Public Bill Committee at 5:15 pm on 7th December 2010.

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Photo of Richard Harrington Richard Harrington Conservative, Watford 5:15 pm, 7th December 2010

That is a valid point, but there are many other reasons why charities would be set up, and there are other advantages of having the status of a charity, such as corporation tax, VAT, rates and many others. The £950 million national insurance holiday programme is a different kind of project. It deals with the situation we have at the moment and with getting people to set up small businesses. It is not a particularly important point for charities in deciding whether to go ahead or not.