Employers' Contributions: Small Businesses
Commons · Question 28764 · Tabled 4 Feb 2025 · Treasury · Official record
Answered 12 Feb 2025
Question
Asked by Ben Maguire
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of the proposed rise in employers' National Insurance contributions on small businesses.
Answer
Answered by James Murray, 12 Feb 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...