Employers' Contributions: Tax Allowances — Written Question

Question

Sir Julian Smith

Conservative — Skipton and Ripon

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of providing relief on employer's National Insurance Contributions for those a) not in education, employment or training and b) under the age of 24 on youth une

Answer

Dan Tomlinson

Businesses are able to claim employer National Insurance Contribution reliefs including those for under-21s and under-25 apprentices on earnings up to £50,270. These reliefs are forecast to be worth around £2.5 billion in 2025/26. The government is commit...

ⓘ

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 122479) →