Oral Question·Department for Business and Trade
“What recent assessment he has made of the potential impact of changes to employer National Insurance contributions on small and medium-sized enterprises.”
Tabled: 6 March 2025Answered: 13 March 2025
Asked by
Mr Alistair Carmichael
Liberal Democrat — Orkney and Shetland
Answering Minister
the Secretary of State for Business and Trade
Answer from Hansard
The Parliamentary Under-Secretary of State for Business and Trade (Gareth Thomas)
The Treasury published a tax information and impact note in November 2024, alongside the introduction of the Bill containing the employer national insurance contribution changes. It sets out the impact of the policy on the Exchequer and the impacts on business, and that approach is consistent with previous tax changes.