Pharmacy: Employers' Contributions
The question
To ask the Secretary of State for Health and Social Care, with reference to paragraph 2.40 of the Autumn Budget 2024, published on 30 October, whether he has made an estimate of the total cost to pharmacy businesses of the proposed increase in employer National Insurance contributions (a) nationally and (b) by constituency.
Answered by Stephen Kinnock
We have taken necessary decisions to fix the foundations in the public finances at the Autumn Budget, which enabled the Spending Review settlement of a £22.6 billion increase in resource spending for the Department, from 2023/24 outturn to 2025/26. The employer National Insurance rise will be implemented April 2025, and the Department will set out further details on the allocation of funding for next year at the earliest opportunity.
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