iNv4z4Ym
type: Answer
type: WrittenAnswer
answer has question: fe6qI3wj
answer has answering person: A9lFjU0c
answer text: The Government already cut employee NICs by 4p, self-employed NICs by 3p and abolished the requirement to pay Class 2 for self-employed people across Autumn and Spring without increasing borrowing or cutting spending. That is the model the Government wants to follow when it is prudent to go further. The ambition to abolish NICs is about reducing tax and rewarding work, not about reforming the contributory benefits system. It is a long-term ambition, and the Government has been clear, this cannot be done overnight and this can only be done in a fiscally responsible way. Cutting NICs rates does not affect anyone’s entitlement to the State Pension or contributory benefits.
answer given date: 2024-04-25+01:00
answer has answering body: HYfypSOE
written answer has answering body: HYfypSOE