The National Insurance Contributions (Rate Ceilings) Bill will return to a Committee of the House of Commons on 30 November 2015, having passed its House of Lords stages on 10 November. The Bill implements NICs aspects of the ‘tax lock’ under which the main rates of income tax, VAT and NICs will be held at their current levels for the full five-year duration of this Parliament.
The National Insurance Contributions (Rate Ceilings) Bill will return to a Committee of the House of Commons on 30 November 2015, having passed its House of Lords stages on 10 November. The Bill implements NICs aspects of the ‘tax lock’ under which the main rates of income tax, VAT and NICs will be held at their current levels for the full five-year duration of this Parliament.
