HC Deb 19 April 1971 vol 815 c354W
Dame Joan Vickers

asked the Chancellor of the Exchequer whether he will provide in the Finance Bill that no one who was due to benefit from a reduction in income tax under the Income and Corporation Taxes (No. 2) Act, 1970, or under his recent Budget proposals, will have that benefit nullified by the proposed increase in national insurance contributions.

Mr. Patrick Jenkin

No. The increased contributions are necessary to finance the proposed increases in National Insurance benefits.