Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate his Department has made of the amount the 1.25% increase in National Insurance Contributions will raise in the first year from 2022.

As set out in ‘Build Back Better: Our Plan for Health and Social Care’, the net revenue from the Health and Social Care Levy will be around £11.4 billion a year, from 2022-23. A full costing of the policy will be certified by the independent Office for Budget Responsibility at the Budget.