Employers' Contributions: Employment and Pay

Summary

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of increases to employer National Insurance contributions at the Autumn Budget 2024 on (a) employment levels and (b) wages for (i) lower-paid and (ii) higher-paid

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Timeline

1. 4 December 2024

   Written question

   To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of increases to employer National Insurance contributions at the Autumn Budget 2024 on (a) employment levels and (b) wages for (i) lower-paid and (ii) higher-paid

   Source: Commons

2. 12 December 2024

   Answer

   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 of 0.1 per cent from 2025-26 onwards. Overall, once the i...

   Source: Written answer

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• · Treasury · Answering body

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