questionText: To ask the Chancellor of the Exchequer, whether he has made an assessment of the potential impact of lowering the National Insurance contribution threshold to £5,000 on small businesses that employ part time employees.
answerText: The Government has taken a number of difficult but necessary decisions on tax, welfare, and spending to fix the public finances.One of the toughest decisions we took was to raise the rate of employer National Insurance contributions (NICs) from 13.8% to 1...
heading: Employers' Contributions: Small Businesses