Oral Question·Treasury
“What assessment she has made of the potential impact of the increase in employer National Insurance contributions on businesses.”
Tabled: 25 June 2025Answered: 1 July 2025
Asked by
Mr Gagan Mohindra
Conservative — South West Hertfordshire
Answering Minister
the Chancellor of the Exchequer
Answer from Hansard
The Chancellor of the Exchequer (Rachel Reeves)
The Government protected the smallest businesses from changes to national insurance by increasing the employment allowance from £5,000 to £10,500. That means that this year 865,000 employers will pay no national insurance contributions at all, and more than half will either gain or see no change to their national insurance contributions.