Employers' Contributions: Employment
Commons · Question 37164 · Tabled 11 Mar 2025 · Treasury · Official record
Answered 14 Mar 2025
Question
Asked by Wendy Morton
To ask the Chancellor of the Exchequer, what impact assessment she has undertaken on the potential impact of the planned increase in employers' National Insurance contributions on levels of employment.
Answer
Answered by James Murray, 14 Mar 2025
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 by 0.1 per cent from 2025-26 onwards. Overall, once the i...