Class 4 National Insurance Contributions Debate

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Department: HM Treasury

Class 4 National Insurance Contributions

Peter Bone Excerpts
Wednesday 15th March 2017

(7 years, 1 month ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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We have already addressed the concerns of women affected by the change in pension age. Of course I am aware of the residual concerns being expressed by that group of people, and we hear those concerns, but we have addressed the principal issue.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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I very much welcome the Chancellor’s statement. In Wellingborough, we had a parliamentary meeting on Saturday morning, when the view on the general principle in the manifesto was mentioned. Will he look to the future, however? He may be able to narrow the difference between the employed and the self-employed by reducing the contribution that the employed make, so will he do that from the Brexit dividend?

Lord Hammond of Runnymede Portrait Mr Hammond
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My hon. Friend never misses an opportunity to bring us back to his agenda. I have had suggestions from various parties that the gap between the contributions of the employed and the self-employed could be narrowed by the device of lowering the contributions of the employed. However, 85% of the working population are employed, and any reduction in the contribution of the employed would be a huge fiscal cost and would—in our world—have to be paid for, although the right hon. Member for Hayes and Harlington may have a different view.

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John Bercow Portrait Mr Speaker
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Far be it from me to have to say this to the right hon. Gentleman, but I think that he has raised a notably political point under the elegant cloak of constitutionalism. He does have some experience and dexterity in these matters, and I am therefore not altogether surprised at his ingenuity on this occasion. However, I do not think that it warrants a response from the Chair beyond that which I have offered. His point is on the record.

Peter Bone Portrait Mr Peter Bone
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But not germane. [Laughter.]

John Bercow Portrait Mr Speaker
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I do not wish to adjudicate upon how relevant it is—

Peter Bone Portrait Mr Bone
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Division?

John Bercow Portrait Mr Speaker
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But it has been heard, and I do not wish further time to be taken up by a Division of the House. Now we must hear the point of order from Sir Desmond Swayne.