Wed, 15 Mar 2017
NEWBURY MP Richard Benyon is set to question the Government on how it intends to plug the funding gap in social care services after Chancellor Philip Hammond's spectacular U-turn today (Wednesday) on plans to increase taxes on the self employed.
The Chancellor announced he would scrap controversial proposals to increase the rate for Class 4 National Insurance Contributions (NICS) following a backlash from Tory backbenchers.
The move was considered as a breaking of a 2015 manifesto pledge when Mr Hammond revealed the plans during last week's Budget.
However, in a letter to Tory MPs today the Chancellor said there would be no increase in Class 4 NICS in this parliament.
The funds raised through the tax increase had been intended to go towards social services, however questions will now be raised as to how the funding will be generated.
Mr Benyon told the Newbury Weekly News: "I wanted more money for social care.
"We were living in the European Union at the time the manifesto was written and the difficulty we are facing in social care now was not apparent.
"I respect him for listening to colleagues but what we need to make sure is that we are getting the money and alot of people will want to know where it's going to come from."