Hospitality Industry: Employers' Contributions

(asked on 3rd February 2025) - View Source

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.


Answered by
James Murray Portrait
James Murray
Exchequer Secretary (HM Treasury)
This question was answered on 10th February 2025

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.

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