Member

The Government’s own impact assessment suggests that 290,000 employers will be affected, but it is even worse than that. As the Lords Minister admitted during scrutiny, 33% of small businesses offer salary sacrifice arrangements, and therefore one in three of those businesses will potentially be exposed to the new costs and complexity that this Bill introduces. These businesses are already struggling to stay afloat—they cannot afford much more. At the same time, the Government cannot afford to keep sending the same message. These amendments give them the chance to change that messaging and to back our small businesses and charities.