Employers' Contributions: Economic Growth
Commons · Question 24339 · Tabled 15 Jan 2025 · Treasury · Official record
Answered 22 Jan 2025
Question
Asked by Charlotte Cane
To ask the Chancellor of the Exchequer, what assessment she has made of the increase in the rate of employers' National Insurance contributions on trends in the level of economic growth.
Answer
Answered by James Murray, 22 Jan 2025
A Tax Information and Impact Note (TIIN) was published alongside the introduction of the Bill containing the changes to employer NICs. The TIIN sets out the impact of the policy on the exchequer; the economic impacts of the policy; and the impacts on indi...