National Insurance Contributions: Personal Income

Treasury written question – answered am ar 26 Mawrth 2024.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Stephen Morgan Stephen Morgan Shadow Minister (Defence) (Armed Forces and Defence Procurement), Shadow Minister (Transport)

To ask the Chancellor of the Exchequer, whether his Department conducted distributional analysis of the impact of the reduction to National Insurance contributions announced in the Spring Budget 2024 on people in different income brackets.

Photo of Nigel Huddleston Nigel Huddleston The Financial Secretary to the Treasury

HM Treasury published distributional analysis at Spring Budget 2024, which can be found here:

https://assets.publishing.service.gov.uk/media/65e83ed008eef600115a5660/Impact_on_households_-_SB24_FINAL.pdf

Does this answer the above question?

Yes5 people think so

No1 person thinks not

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