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National Insurance Contributions: India

Asked by Andrew GriffithConservativeTreasuryTabled Answered 12 May 2025UIN 50234

The question

To ask the Chancellor of the Exchequer, what estimate she has made of the potential impact of making exemptions for the payment of National Insurance contributions under the Double Contribution Convention with India on receipts from (a) employee and (b) employer National Insurance contributions in each of the next five years.

Answered by James Murray

The OBR will certify the impact of the trade deal including the Double Contributions Convention in the usual way at a fiscal event, once the deal is finalised and ratified. The agreement to negotiate a Double Contributions Convention was made in the context of the wider deal, which will bring billions into the economy.

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