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Baroness Kramer (LD)

Speaking in the House of Lords on 4 February 2025

Debate

National Insurance Contributions (Secondary Class 1 Contributions) Bill

Contribution

My Lords, again, we discussed this area extensively over the first two days in Committee. I particularly recommend to the Committee the amendment tabled by the noble Lord, Lord Londesborough. The Government have put in place protection for microbusinesses. I think the calculation by the noble Lord was right, basically, that it is up to about seven employees. His proposals would put in significant protection for small businesses, those just up from micro and those potentially at the beginning of scale-up, which we need so much in this area. The noble Lord is now in his place, and I am delighted to make those comments in his presence.

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