Employers' Contributions: Surrey Heath
The question
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of increases to employer's National Insurance contributions on the (a) hospitality and (b) leisure sectors in Surrey Heath constituency.
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 and civil society organisations, as well as an overview of the equality impacts.
Estimates of the impact on businesses in Surrey Heath from changes to employer NICs announced at Autumn Budget 2024 are not available.
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