Written Question·Treasury·UIN 23605

Small Businesses: Employers' Contributions

Tabled: 13 January 2025
Answered: 21 January 2025

Question

Tracy Gilbert

LabourEdinburgh North and Leith

To ask the Chancellor of the Exchequer, what support her Department is providing to SMEs on the changes to employer National Insurance contributions.

Answer

James Murray
The Government has protected the smallest businesses and charities from the impact of the increase to Employer National Insurance by increasing the Employment Allowance from £5,000 to £10,500, which means that 865,000 employers will pay no NICs at all nex...

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 23605) →