The text on this page has been created from Hansard archive content, it may contain typographical errors.
Mr. Fallon
asked the Chancellor of the Exchequer whether he will now make it his policy to relieve new small businesses of national insurance contributions.
Mr. Peter Rees
The Social Security Bill 1985 sets out the rates of national insurance contributions that will apply from 6 October 1985. The reduced rates for employers' contributions in respect of lower paid employees should encourage employment in new firms as well as old.