{"longTitle":"To make provision for and in connection with increasing rates of national insurance contributions and a regional secondary Class 1 contributions holiday for new businesses.","summary":"<p>The Bill makes provision for two measures:</p><ul><li>an increase in the rates of National Insurance contributions paid by employees, employers and the self-employed, from 6 April 2011, by 1 percentage point</li><li>a regional employer National Insurance contributions holiday for new businesses &ndash; which was launched on 6 September 2010.</li></ul>","sponsors":[{"member":{"memberId":1458,"name":"Mr George Osborne","party":"Conservative","partyColour":"0063ba","house":"Commons","memberPhoto":"https://members-api.parliament.uk/api/Members/1458/Thumbnail","memberPage":"https://members.parliament.uk/member/1458/contact","memberFrom":"Tatton"},"organisation":{"name":"HM Treasury","url":"https://www.gov.uk/government/organisations/hm-treasury"},"sortOrder":1},{"member":{"memberId":4146,"name":"Lord Sassoon","party":"Conservative","partyColour":"0063ba","house":"Lords","memberPhoto":"https://members-api.parliament.uk/api/Members/4146/Thumbnail","memberPage":"https://members.parliament.uk/member/4146/contact","memberFrom":"Life peer"},"organisation":{"name":"HM Treasury","url":"https://www.gov.uk/government/organisations/hm-treasury"},"sortOrder":2}],"promoters":[],"petitioningPeriod":null,"petitionInformation":null,"agent":null,"billId":669,"shortTitle":"National Insurance Contributions Act 2011","formerShortTitle":null,"currentHouse":"Unassigned","originatingHouse":"Commons","lastUpdate":"2011-10-20T17:27:25","billWithdrawn":null,"isDefeated":false,"billTypeId":1,"introducedSessionId":24,"includedSessionIds":[24],"isAct":true,"currentStage":{"id":4182,"stageId":11,"sessionId":24,"description":"Royal Assent","abbreviation":"RA","house":"Unassigned","stageSittings":[{"id":3892,"stageId":11,"billStageId":4182,"billId":669,"date":"2011-03-22T00:00:00"}],"sortOrder":12}}