Written Question·Treasury·UIN 16740
Employers' Contributions
Tabled: 28 November 2024
Answered: 5 December 2024
Named DayQuestion
Helen Whately
Conservative — Faversham and Mid Kent
To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential impact of the increase in employers’ National Insurance contributions announced the Autumn Budget 2024 on jobs.
Answer
James MurrayThe Office for Budget Responsibility’s October 2024 Economic and Fiscal Outlook expects that the Employer National Insurance Contributions package will lead to a reduction in the participation rate by 0.1 per cent from 2025-26 onwards. Overall, once the i...
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