Commons examines the National Insurance Contributions (Termination Awards and Sporting Testimonials) Bill.
Both the Report stages and Third reading took place on Monday 10 June 2019. MPs voted 270 to 207 to approve the Third Reading of the Bill. The Bill progresses to the Lords for further consideration.
What is the National Insurance Contributions (Termination Awards and Sporting Testimonials) Bill?
The purpose of the Bill is to make amendments to the National Insurance (NI) treatment of termination awards and income from sporting testimonials. Termination awards are payments received in connection with the termination of a person’s employment. Sporting testimonials are matches often held to mark the end of a sportsperson’s playing career, the proceeds from which are paid over to the sportsperson. The Bill will align the way these income sources are charged National Insurance contributions (NICs) with the way they are subject to income tax. These provisions were included in a draft National Insurance Contributions Bill, published in December 2016. Neither provision appears to have been controversial at that time.
Keep up to date with all the proceedings and documentation, including amendment papers, on the National Insurance Contributions (Termination Awards and Sporting Testimonials) Bill and find out how a Bill becomes an Act of Parliament.
House of Commons Library analysis
The House of Commons Library produces briefing papers to inform MPs and their staff of key issues. The papers contain factual information and a range of opinions on each subject, and aim to be politically impartial.
The Library has published a briefing paper for the Bill.
National Insurance Contributions (Termination Awards and Sporting Testimonials) Bill: previous stages
The Public Bill Committee considered the Bill on the 14 May 2019 and reported the Bill to the House without any amendments.
Find out more about the Public Bill Committee:
The debate was opened by Exchequer Secretary to the Treasury, Robert Jenrick and was responded to by the Shadow Chief Secretary to the Treasury, Peter Dowd. The Bill passed second reading without a division and has now been submitted to a Public Bill Committee and is expected to conclude by Thursday 16 May 2019.
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