King’s Speech 2024: Education
Research briefing setting out the government’s commitments covering education for the House of Lords debate on the 2024 King’s Speech.
Documents to download
-
National Insurance Contributions (Termination Awards and Sporting Testimonials) Bill: Briefing for Lords Stages (231 KB , PDF)
The National Insurance Contributions (Termination Awards and Sporting Testimonials) Bill is a government bill that would amend the national insurance treatment of termination awards and income from sporting testimonials.
It would introduce a new 13.8% Class 1A Employer national insurance contributions (NICs) charge to any part of a termination award or payment from a sporting testimonial that is already liable to income tax.
The bill was introduced in the House of Commons on 25 April 2019 and completed its stages in the Commons, without amendment, on 10 June 2019.
During the House of Commons stages, both Labour and the Scottish National Party (SNP) opposed the bill. Labour argued that the bill was an attempt by the Government to introduce measures aimed at raising additional revenue from the termination payments of workers. Whilst the SNP called for the bill to include a requirement on the Government to review the impact of the measure.
The bill was introduced into the House of Lords on 11 June 2019 and is scheduled to receive its second reading on 26 June 2019.
Related Links
Documents to download
-
National Insurance Contributions (Termination Awards and Sporting Testimonials) Bill: Briefing for Lords Stages (231 KB , PDF)
Related posts
-
-
King’s Speech 2024: Economic affairs, business and trade
Research briefing setting out the government’s commitments covering economic affairs, business and trade for the House of Lords debate on the 2024 King’s Speech.
-
The UK economy in the 1980s
This briefing is the fourth of a series on the post-war history of the UK economy. The series proceeds decade-by-decade from the 1950s onwards, providing an overview of the key macroeconomic developments of each decade. This briefing looks at the 1980s. The decline in the profitability of industry, which began in the 1960s, was reversed in this decade; however, the share of national income received by workers fell to a post-war low.
