Employees' Contributions: Older Workers

Summary

To ask the Chancellor of the Exchequer, what assessment his Department has made of the (a) implications for revenue and (b) potential merits of extending employee national insurance contributions to people over the age of 65.

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Timeline

1. 25 May 2021

   Written question

   To ask the Chancellor of the Exchequer, what assessment his Department has made of the (a) implications for revenue and (b) potential merits of extending employee national insurance contributions to people over the age of 65.

   Source: Commons

2. 28 May 2021

   Answer

   The “Estimated costs of principal tax reliefs” publication sets out that the estimated cost of the exemption of those over State Pension age (SPa) from paying National Insurance contributions (NICs) was about £1.1bn in 2019-20. However, this does not take...

   Source: Written answer

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• · Treasury · Answering body

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