Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to UK-India trade deal, if she will make an estimate of the potential cost to the public purse of the exemption for Indian people working in the UK from National Insurance contributions for three years.
The OBR will certify the impact of the trade deal including the Double Contributions Convention in the usual way at a fiscal event, once the deal is finalised and ratified. The agreement to negotiate a Double Contributions Convention was made in the context of the wider deal, which will bring billions into the economy.