Written Question·Treasury·UIN 43547
National Insurance Contributions: Earnings Limits
Tabled: 2 April 2025
Answered: 10 April 2025
Question
Mohammad Yasin
Labour — Bedford
To ask the Chancellor of the Exchequer, whether she has made an estimate of the potential revenue raised by removing the 2 percent NI on earnings over the threshold and charging a flat rate of 8 percent.
Answer
James MurrayThe impact of raising the additional rate of employee National Insurance Contributions (NICs) by 6 percentage points to 8 percent has not been directly evaluated. The impact of a 1 percentage point increase in the additional rate of employee NICs has been...
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