New Enterprise Allowance

(asked on 5th September 2018) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the dynamic effect on tax receipts of the New Enterprise Allowance.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 14th September 2018

The New Enterprise Allowance (NEA) supports people on eligible benefits who want to move into self-employment. The NEA, alongside all government policies, are costed with a central estimate of the impact on the Exchequer where possible. In the case of the NEA, responsibility for this assessment is with the Department for Work and Pensions as the lead department who are also responsible for evaluating the impact of the policy.

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