Small Businesses: Employers' Contributions
Commons · Question 23605 · Tabled 13 Jan 2025 · Treasury · Official record
Answered 21 Jan 2025
Question
Asked by Tracy Gilbert
To ask the Chancellor of the Exchequer, what support her Department is providing to SMEs on the changes to employer National Insurance contributions.
Answer
Answered by James Murray, 21 Jan 2025
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...