Written Question·Treasury·UIN 28764

Employers' Contributions: Small Businesses

Tabled: 4 February 2025
Answered: 12 February 2025

Question

Ben Maguire

Liberal DemocratNorth Cornwall

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of the proposed rise in employers' National Insurance contributions on small businesses.

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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