questionText: 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.
answerText: 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...
heading: Employers' Contributions: Employment