Written questions

Employers' Contributions: Employment

Commons · Question 17783 · Tabled 4 Dec 2024 · Treasury · Official record

Answered 12 Dec 2024

Question

Asked by Damian Hinds

To ask the Chancellor of the Exchequer, what comparative assessment her Department has made of the potential impact of proposed increases to employer national insurance contributions on (a) full-time and (b) part-time workers.

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...