National Insurance

(asked on 7th March 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the impact of reductions in national insurance on (a) public services and (b) investment in business.


Answered by
Laura Trott Portrait
Laura Trott
Chief Secretary to the Treasury
This question was answered on 13th March 2024

National Insurance cuts are part of the Government’s long-term plan to grow the economy.

By taking a disciplined approach to public spending, driving productivity in the public sector, and ensuring our tax system is balanced and fair; the government can continue cutting taxes responsibly, while ensuring public finances continue to be managed sustainably.

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