Business: National Insurance
The question
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential impact of the National Insurance measures in the Autumn Budget 2024 on businesses in (a) Epping Forest and (b) England.
Answered by James Murray
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, civil society organisations, as well as an overview of the equality impacts.
Estimates of the impact on businesses in Epping Forest from changes to Employer NICs announced at Autumn Budget 2024 are not available.
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