Construction: Employers' Contributions
The question
To ask the Secretary of State for Business and Trade, if he will make an estimate of the potential impact of changes to employers’ National Insurance contributions on employment in the construction industry.
Answered by Gareth Thomas
More than half of employers, including small businesses in the construction sector will see no change or gain overall. The Government has protected small businesses and charities from the impact of the increase to Employer National Insurance by increasing the Employment Allowance from £5,000 to £10,500, and 865,000 employers will pay no NICs next year. Eligible employers will be able to employ up to four full-time workers on the National Living Wage and pay no employer NICs.
Meeting the Government’s commitments to build the infrastructure we need, and deliver 1.5m homes over this Parliament, will need an increased workforce. We are committed to working with industry to do that.
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