Charities: National Insurance Contributions
The question
To ask the Chancellor of the Exchequer, if she will make it her policy to publish an impact assessment on the impact of the increase in class one employer National Insurance contributions on the charity sector within the first six months of the introduction of that change.
Answered by James Murray
A Tax Information and Impact Note (TIIN) was published alongside the introduction of the Bill containing the changes to employer National Insurance contributions. 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.
The Office for Budget Responsibility also published the Economic and Fiscal Outlook (EFO), which sets out a detailed forecast of the economy and public finances.
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