Oral Answers to Questions

Debate between Llinos Medi and Keir Starmer

Wednesday 6th November 2024 Commons Chamber

[Llinos Medi (Ynys Môn) (PC)]

Q12. Diolch, Llefarydd. Representatives of Glan Rhos nursing home in my constituency tell me that the Budget changes mean a 10% increase in their in-year costs—a staggering £127,500 extra. Will the Prime Minister reconsider the rise in employer national insurance?

[The Prime Minister]

What we did in last week’s Budget was ensure that no one would face tax rises in their payslip. We had to deal with the £22 billion black hole, but when we did so, we protected the smallest businesses and charities. We doubled the employment allowance to £10,500, meaning that 40% of employers will not pay employer national insurance contributions. Companies with four employees or fewer on the minimum wage will pay no employer NICs at all, and half of businesses that pay NICs will see no change or pay less after the Budget.