UK Parliament / Open data

National Insurance Contributions Bill

Proceeding contribution from Lord Sikka (Labour) in the House of Lords on Wednesday, 1 December 2021. It occurred during Debate on bills on National Insurance Contributions Bill.

The Minister just said that we do not charge national insurance because unearned income is not the result of labour. Many a person, instead of taking wages, draws dividends, which are inevitably the outcome of the investment of human capital—labour—yet there is no national insurance on dividends either, which is another example. Could it be that there are other ideological reasons why the Government do not levy this, rather than simply the investment of human capital? I agree that from 1911 onwards, when national insurance appeared on the scene, the focus initially was on employment, but we have moved a long way away from that. I wonder whether we can have this debate another day, if not today.

About this proceeding contribution

Reference

816 c1437 

Session

2021-22

Chamber / Committee

House of Lords chamber
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