BBC Democracy Live - National Insurance Contributions Bill MPs are debating the National Insurance Contributions Bill at second reading. The bill would introduce a £2000 employment allowance for every business and charity which aims to reduce the amount paid by employers in National Insurance Contributions (NICs). The government hopes that the reduction in NICs will help encourage small businesses to recruit additional staff. Also included in the bill are measures that aim to tackle tax avoidance and non-payment of NICs.