Small Businesses: Employers' Contributions
Commons · Question 65516 · Tabled 7 Jul 2025 · Treasury · Official record
Answered 15 Jul 2025
Question
Asked by Charlotte Cane
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the National Insurance Contributions (Secondary Class 1 Contributions) Act 2025 on small and medium sized businesses.
Answer
Answered by James Murray, 15 Jul 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...