Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of changes made to the level of employer National Insurance contributions at the Autumn Budget 2024 on hospitality businesses in Bromsgrove.
A Tax Information and Impact Note (TIIN) was published alongside the introduction of the Bill containing the changes to employer NICs. The TIIN sets out the impact of the policy on the exchequer, the economic impacts of the policy; and the impacts on individuals, businesses, and civil society organisations as well as an overview of the equality impacts.
Estimates of the impact on businesses in Bromsgrove from changes to Employer NICs announced at Autumn Budget 2024 are not available.