Richard Burden – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Richard Burden on 2016-03-11.

To ask Mr Chancellor of the Exchequer, if he will make an assessment of the potential effect of his proposals to abolish Class 2 National Insurance contributions on low-earning theatre actors and workers.

Mr David Gauke

The Chancellor announced at Budget that Class 2 National Insurance contributions will be abolished in April 2018. This will simplify the outdated and complex self-employed National Insurance system, giving self-employed NICs payers an annual tax cut of £134 on average. This will benefit 3.4 million self-employed people – including those who work in the theatre.