Member

The Government carefully consider the impact of all policies, including the changes to employer national insurance contributions. I know that it will disappoint noble Lords, but for one last time in this Committee, as I have said previously, an assessment of the policy has already been published by HMRC in its tax information and impact note. Furthermore, the OBR’s Economic and Fiscal Outlook sets out the expected macroeconomic impact of those changes. The Government and the OBR have therefore already set out the impacts of the policy change. The Government do not intent to provide further impact assessments. In light of these points, I respectfully ask the noble Lord to withdraw his amendment.