Employers' Contributions: Employment and Pay
Commons · Question 17782 · Tabled 4 Dec 2024 · Treasury · Official record
Answered 12 Dec 2024
Question
Asked by Damian Hinds
To ask the Chancellor of the Exchequer, if she will make a comparative assessment of the potential impact of (a) employment and (b) wage-level effects resulting from increases to employer National Insurance Contributions on (i) women and (ii) men.
Answer
Answered by James Murray, 12 Dec 2024
The Office for Budget Responsibility’s October 2024 Economic and Fiscal Outlook expects that the Employer National Insurance Contributions package will lead to a reduction in the participation rate of 0.1 per cent from 2025-26 onwards. Overall, once the i...