Long title
To make provision for and in connection with increasing rates of national insurance contributions and a regional secondary Class 1 contributions holiday for new businesses.
Summary
The Bill makes provision for two measures:
- an increase in the rates of National Insurance contributions paid by employees, employers and the self-employed, from 6 April 2011, by 1 percentage point
- a regional employer National Insurance contributions holiday for new businesses – which was launched on 6 September 2010.
Sponsoring departments
Mr George Osborne
Conservative, Tatton
Lord Sassoon
Conservative, Life peer
Current version of the Bill
Bill passage
Key