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Government defends National Insurance exemption in UK-India deal | Government defends National Insurance exemption in UK-India deal |
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UK Business Secretary Jonathan Reynolds and India's Minister of Commerce and Industry Piyush Goyal met in London last week to finalise the deal | UK Business Secretary Jonathan Reynolds and India's Minister of Commerce and Industry Piyush Goyal met in London last week to finalise the deal |
The UK government has hit back against claims by opposition parties that the newly-agreed trade deal with India could disadvantage British workers. | The UK government has hit back against claims by opposition parties that the newly-agreed trade deal with India could disadvantage British workers. |
Business Secretary Jonathan Reynolds told the BBC there was "no situation" in which he would "ever tolerate" British workers being undercut as a result of a trade agreement. | |
One part of the deal extends an exemption on national insurance contributions (Nics) from one to three years - meaning people on short-term visas will only make social security payments in their home country when working abroad. | |
Opposition parties claim this could mean Indian workers are cheaper to employ than British workers - not least since UK employer Nics have just risen. | |
Conservative leader Kemi Badenoch claimed she had refused a similar trade-off when she was business secretary, because the deal contains "two-tier taxes" which would cost the UK "hundreds of millions". | |
Liberal Democrat deputy leader Daisy Cooper said the exemption risked "undercutting British workers at a time when they're already being hammered by Trump's trade war and Labour's misguided jobs tax". | |
Reform UK leader Nigel Farage described the deal as "truly appalling", adding: "This government doesn't give a damn about working people. | |
But Reynolds said the deal would not impact British workers, pointing out the UK has 16 agreements preventing double taxation of work, which cover more than 50 countries - including the US, EU and South Korea. | But Reynolds said the deal would not impact British workers, pointing out the UK has 16 agreements preventing double taxation of work, which cover more than 50 countries - including the US, EU and South Korea. |
"The Conservatives recently, well a few years ago when they were in government, signed one with Chile for five years. So no, British workers are not being undercut," he said. | |
"What the Conservatives are confused about, and Reform as well, is a situation where a business in India seconds someone for a short period of time to the UK, or a UK business seconds a worker to India for a short period of time, where you don't pay in simultaneously now to both social security systems," he told the BBC's Today programme. | "What the Conservatives are confused about, and Reform as well, is a situation where a business in India seconds someone for a short period of time to the UK, or a UK business seconds a worker to India for a short period of time, where you don't pay in simultaneously now to both social security systems," he told the BBC's Today programme. |
Reynolds said the deal was a "huge economic win for the UK and would deliver "faster growth, higher wages, more tax revenue brilliant wins for goods and for services". | Reynolds said the deal was a "huge economic win for the UK and would deliver "faster growth, higher wages, more tax revenue brilliant wins for goods and for services". |
He said previously that Indian workers would still be required to pay the NHS immigration surcharge and would not be eligible for benefits from the National Insurance system. | He said previously that Indian workers would still be required to pay the NHS immigration surcharge and would not be eligible for benefits from the National Insurance system. |