M

Member

Speaking in the House of Commons on 17 December 2024

Debate

National Insurance Contributions (Secondary Class 1 Contributions) Bill

Contribution

The impact is particularly concerning in Northern Ireland, where economic inactivity remains a significant challenge. The loss of workforce participation not only affects household incomes but hinders economic growth, reduces tax revenues and places additional strain on social welfare systems. It is therefore essential that the UK Government mitigate the impact of the proposed national insurance hikes, including through direct support for childcare providers and an extension of schemes such as the childcare subsidy to ensure the sector’s long-term stability and sustainability.

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