Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment the Government has made of the merits of introducing National Insurance Contributions exemptions for employers who hire individuals transitioning off working benefits.
The Government is committed to providing people who are out of work with the personalised support they need to find work, aiding the long-term ambition of an 80% employment rate. At the Spending Review, the Government increased funding for employment support to over £3.5 billion by 2028-29, helping people to access the skills they need to progress, tackling unemployment and inactivity and ensuring more people are in better jobs.
There are a wide range of factors to take into consideration when introducing a tax relief. These include how effective the relief would be at achieving the policy intent, how targeted support would be, whether it adds complexity to the tax system, and the cost.