Question
To ask His Majesty's Government what plans they have, if any, to reduce the cost of employment for employers.
The Government is taking action to help employers manage employment costs while supporting growth. Employers can benefit from National Insurance Contributions reliefs for under-21s and apprentices under 25, meaning they pay no employer NICs on eligible earnings up to £50,270. These reliefs are estimated to be worth around £2.5 billion in 2025/26. We are supporting SMEs by providing a £4.3 billion business rates support package and committing to lower business rates for retail, hospitality and leisure businesses We will continue to make the UK the best place in the world to start and grow a business.