VerbatimParliament, as it happens

National Insurance Contributions

Asked by Lee AndersonReform UKTreasuryTabled Answered 7 March 2025UIN 34322

The question

To ask the Chancellor of the Exchequer, if she will make it her policy not to increase employee National Insurance contributions in the Spring Statement 2025.

Answered by James Murray

The OBR’s spring forecast will take place on 26th March and be accompanied by a statement to Parliament from the Chancellor.

Ahead of the statement responding to the forecast, the Government will not give a running commentary on economic developments.

The Government is committed to not increasing the basic, higher or additional rates of Income Tax, Employee National Insurance contributions or VAT.

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