Motor Vehicles: Employers' Contributions
The question
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of increased employer National Insurance contributions on the British vehicle manufacturing industry.
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.
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