Employers' Contributions

(asked on 17th November 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what research his Department has commissioned on the impact of the rise in Employer National Contributions on (a) the employment rate and (b) wages.


Answered by
Lucy Frazer Portrait
Lucy Frazer
Secretary of State for Culture, Media and Sport
This question was answered on 25th November 2021

The Office for Budget Responsibility set out their assessment of the economic effects of the Levy in their latest Economic and Fiscal Outlook, including the impact on labour supply and wages. This can be found here: https://obr.uk/efo/economic-and-fiscal-outlook-october-2021/

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