Written Question·Treasury·UIN 24339

Employers' Contributions: Economic Growth

Tabled: 15 January 2025
Answered: 22 January 2025

Question

Charlotte Cane

Liberal DemocratEly and East Cambridgeshire

To ask the Chancellor of the Exchequer, what assessment she has made of the increase in the rate of employers' National Insurance contributions on trends in the level of economic growth.

Answer

James Murray
A Tax Information and Impact Note (TIIN) was published alongside the introduction of the Bill containing the changes to employer NICs. The TIIN sets out the impact of the policy on the exchequer; the economic impacts of the policy; and the impacts on indi...

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