Manufacturing Industries: Small Businesses
Commons · Question 45244 · Tabled 8 Apr 2025 · Department for Business and Trade · Official record
Answered 28 Apr 2025
Question
Asked by Manuela Perteghella
To ask the Secretary of State for Business and Trade, if he will make an assessment of the potential impact of recent changes to National Insurance contributions on small manufacturing businesses.
Answer
Answered by Gareth Thomas, 28 Apr 2025
The Chancellor has decided to protect the smallest businesses, including in the manufacturing sector, by increasing the Employment Allowance to £10,500, and removing the £100,000 eligibility threshold, meaning all eligible employers benefit. This means th...