Employers' Contributions — Written Question

Question

Dame Harriett Baldwin

Conservative — West Worcestershire

To ask the Chancellor of the Exchequer, with reference to line 26 on page 118 of the Autumn Budget 2024, HC 295, published on 30 October 2024, if she will disaggregate the measures of (a) changing the Secondary Threshold to £5,000 and (b) increasing the e

Answer

James Murray

The static revenue of increasing the Employer National Insurance rate from 13.8% to 15%, and reducing the Secondary Threshold to a £5,000 annual equivalent are set out below. (£m)2025-262026-272027-282028-292029-30Revenue from increasing the Employer NIC...

ⓘ

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 24423) →