2024 to 2025 tax year impacts<\/strong><\/p><\/td>Autumn Statement only <\/strong><\/p><\/td>Spring Budget only <\/strong><\/p><\/td>Cumulative Spring Budget and Autumn Statement<\/strong><\/p><\/td><\/tr>Number of people who financially benefitted from the NICs reduction, 1000s<\/strong><\/p><\/td>29,300<\/p><\/td> | 29,500<\/p><\/td> | 29,500<\/p><\/td><\/tr> | Gain for average employee with mean employee salary of £35,404<\/strong><\/p><\/td>£457<\/p><\/td> | £457<\/p><\/td> | £913<\/p><\/td><\/tr><\/tbody><\/table> <\/p> The estimated average financial gain among those benefitting from both the Autumn Statement 2023 and Spring Budget 2024 National insurance reduction, by region, can be seen in the Table 2 below:<\/p> <\/p> Table 2: average financial gain and cumulative gain from reductions to National Insurance announced in the Autumn Statement 2023 and Spring Budget 2024, by region<\/p> <\/strong><\/p>2024 to 2025 tax year impacts<\/strong> by region<\/strong><\/p><\/td>Number of gainers, 1000s<\/strong><\/p><\/td>Average gain, Spring Budget only <\/strong><\/p><\/td>Average cumulative gain, Autumn Statement and Spring Budget<\/strong><\/p><\/td><\/tr>North East<\/p><\/td> | 1,060<\/p><\/td> | £316<\/p><\/td> | £632<\/p><\/td><\/tr> | North West and Merseyside<\/p><\/td> | 3,140<\/p><\/td> | £321<\/p><\/td> | £644<\/p><\/td><\/tr> | Yorkshire and the Humber<\/p><\/td> | 2,330<\/p><\/td> | £313<\/p><\/td> | £628<\/p><\/td><\/tr> | East Midlands<\/p><\/td> | 2,110<\/p><\/td> | £322<\/p><\/td> | £645<\/p><\/td><\/tr> | West Midlands<\/p><\/td> | 2,500<\/p><\/td> | £322<\/p><\/td> | £645<\/p><\/td><\/tr> | East of England<\/p><\/td> | 2,830<\/p><\/td> | £360<\/p><\/td> | £720<\/p><\/td><\/tr> | London<\/p><\/td> | 4,350<\/p><\/td> | £381<\/p><\/td> | £763<\/p><\/td><\/tr> | South East<\/p><\/td> | 4,120<\/p><\/td> | £369<\/p><\/td> | £738<\/p><\/td><\/tr> | South West<\/p><\/td> | 2,420<\/p><\/td> | £327<\/p><\/td> | £655<\/p><\/td><\/tr> | Northern Ireland<\/p><\/td> | 807<\/p><\/td> | £308<\/p><\/td> | £618<\/p><\/td><\/tr> | Scotland<\/p><\/td> | 2,430<\/p><\/td> | £338<\/p><\/td> | £677<\/p><\/td><\/tr> | Wales<\/p><\/td> | 1,240<\/p><\/td> | £320<\/p><\/td> | £642<\/p><\/td><\/tr> | Total<\/strong><\/p><\/td>29,500<\/strong><\/p><\/td>£341<\/strong><\/p><\/td>£683<\/strong><\/p><\/td><\/tr><\/tbody><\/table> <\/p> These are the modelled average impacts rather than the impacts for an average full time employee (on a given salary), for example the £900 gain previously published for the cumulative impacts.<\/p> <\/p> The Autumn Statement 2023 National insurance reduction estimates are based upon the 2019 to 2020 Survey of Personal Incomes, projected in line with economic assumptions consistent with the Office for Budget Responsibilities November 2023 Economic and Fiscal Outlook.<\/p> <\/p> The Spring Budget 2024 National insurance reduction estimates and cumulative estimates of both policies are based upon the 2019 to 2020 Survey of Personal Incomes, projected in line with economic assumptions consistent with the Office for Budget Responsibilities March 2024 Economic and Fiscal Outlook.<\/p> <\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4407", "label" : {"_value" : "Biography information for Nigel Huddleston"}
}
, "answeringMemberConstituency" : {"_value" : "Mid Worcestershire"}
, "answeringMemberPrinted" : {"_value" : "Nigel Huddleston"}
, "dateOfAnswer" : {"_value" : "2024-05-17", "_datatype" : "dateTime"}
, "groupedQuestionUIN" : {"_value" : "26294"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2024-05-17T14:08:46.137Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2024-05-14", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "National Insurance Contributions"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, what estimate he has made of the (a) number of people who will financially benefit from the National Insurance reduction announced in the Spring Budget 2024 and (b) average (i) financial gain from that reduction and (ii) cumulative financial gain from reductions to National Insurance announced in the Autumn Statement 2023 and Spring Budget 2024, by region.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4830", "label" : {"_value" : "Biography information for Paul Howell"}
}
, "tablingMemberConstituency" : {"_value" : "Sedgefield"}
, "tablingMemberPrinted" : [{"_value" : "Paul Howell"}
], "uin" : "26293"}
, {"_about" : "http://data.parliament.uk/resources/1718054", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1718054/answer", "answerText" : {"_value" : " The estimated number of people who financially benefited from the National insurance reduction in the Autumn Statement and Spring Budget and the associated financial gain for an average employee on £35,404 can be seen in Table 1 below:<\/p> <\/p> Table 1: gain for an average employee on £35,404 from reductions to National Insurance announced in the Autumn Statement 2023 and Spring Budget 2024<\/p> 2024 to 2025 tax year impacts<\/strong><\/p><\/td>Autumn Statement only <\/strong><\/p><\/td>Spring Budget only <\/strong><\/p><\/td>Cumulative Spring Budget and Autumn Statement<\/strong><\/p><\/td><\/tr>Number of people who financially benefitted from the NICs reduction, 1000s<\/strong><\/p><\/td>29,300<\/p><\/td> | 29,500<\/p><\/td> | 29,500<\/p><\/td><\/tr> | Gain for average employee with mean employee salary of £35,404<\/strong><\/p><\/td>£457<\/p><\/td> | £457<\/p><\/td> | £913<\/p><\/td><\/tr><\/tbody><\/table> <\/p> The estimated average financial gain among those benefitting from both the Autumn Statement 2023 and Spring Budget 2024 National insurance reduction, by region, can be seen in the Table 2 below:<\/p> <\/p> Table 2: average financial gain and cumulative gain from reductions to National Insurance announced in the Autumn Statement 2023 and Spring Budget 2024, by region<\/p> <\/strong><\/p>2024 to 2025 tax year impacts<\/strong> by region<\/strong><\/p><\/td>Number of gainers, 1000s<\/strong><\/p><\/td>Average gain, Spring Budget only <\/strong><\/p><\/td>Average cumulative gain, Autumn Statement and Spring Budget<\/strong><\/p><\/td><\/tr>North East<\/p><\/td> | 1,060<\/p><\/td> | £316<\/p><\/td> | £632<\/p><\/td><\/tr> | North West and Merseyside<\/p><\/td> | 3,140<\/p><\/td> | £321<\/p><\/td> | £644<\/p><\/td><\/tr> | Yorkshire and the Humber<\/p><\/td> | 2,330<\/p><\/td> | £313<\/p><\/td> | £628<\/p><\/td><\/tr> | East Midlands<\/p><\/td> | 2,110<\/p><\/td> | £322<\/p><\/td> | £645<\/p><\/td><\/tr> | West Midlands<\/p><\/td> | 2,500<\/p><\/td> | £322<\/p><\/td> | £645<\/p><\/td><\/tr> | East of England<\/p><\/td> | 2,830<\/p><\/td> | £360<\/p><\/td> | £720<\/p><\/td><\/tr> | London<\/p><\/td> | 4,350<\/p><\/td> | £381<\/p><\/td> | £763<\/p><\/td><\/tr> | South East<\/p><\/td> | 4,120<\/p><\/td> | £369<\/p><\/td> | £738<\/p><\/td><\/tr> | South West<\/p><\/td> | 2,420<\/p><\/td> | £327<\/p><\/td> | £655<\/p><\/td><\/tr> | Northern Ireland<\/p><\/td> | 807<\/p><\/td> | £308<\/p><\/td> | £618<\/p><\/td><\/tr> | Scotland<\/p><\/td> | 2,430<\/p><\/td> | £338<\/p><\/td> | £677<\/p><\/td><\/tr> | Wales<\/p><\/td> | 1,240<\/p><\/td> | £320<\/p><\/td> | £642<\/p><\/td><\/tr> | Total<\/strong><\/p><\/td>29,500<\/strong><\/p><\/td>£341<\/strong><\/p><\/td>£683<\/strong><\/p><\/td><\/tr><\/tbody><\/table> <\/p> These are the modelled average impacts rather than the impacts for an average full time employee (on a given salary), for example the £900 gain previously published for the cumulative impacts.<\/p> <\/p> The Autumn Statement 2023 National insurance reduction estimates are based upon the 2019 to 2020 Survey of Personal Incomes, projected in line with economic assumptions consistent with the Office for Budget Responsibilities November 2023 Economic and Fiscal Outlook.<\/p> <\/p> The Spring Budget 2024 National insurance reduction estimates and cumulative estimates of both policies are based upon the 2019 to 2020 Survey of Personal Incomes, projected in line with economic assumptions consistent with the Office for Budget Responsibilities March 2024 Economic and Fiscal Outlook.<\/p> <\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4407", "label" : {"_value" : "Biography information for Nigel Huddleston"}
}
, "answeringMemberConstituency" : {"_value" : "Mid Worcestershire"}
, "answeringMemberPrinted" : {"_value" : "Nigel Huddleston"}
, "dateOfAnswer" : {"_value" : "2024-05-17", "_datatype" : "dateTime"}
, "groupedQuestionUIN" : {"_value" : "26293"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2024-05-17T14:08:46.2Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2024-05-14", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "National Insurance Contributions"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, what estimate he has made of the (a) number of people who financially benefited from the National Insurance reduction announced in the Autumn Statement 2023 and (b) average financial gain from that reduction.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4830", "label" : {"_value" : "Biography information for Paul Howell"}
}
, "tablingMemberConstituency" : {"_value" : "Sedgefield"}
, "tablingMemberPrinted" : [{"_value" : "Paul Howell"}
], "uin" : "26294"}
, {"_about" : "http://data.parliament.uk/resources/1702296", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1702296/answer", "answerText" : {"_value" : " The Office for Budget Responsibility publishes forecast levels of National Insurance receipts in their Economic and Fiscal Outlook report.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4407", "label" : {"_value" : "Biography information for Nigel Huddleston"}
}
, "answeringMemberConstituency" : {"_value" : "Mid Worcestershire"}
, "answeringMemberPrinted" : {"_value" : "Nigel Huddleston"}
, "dateOfAnswer" : {"_value" : "2024-04-23", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2024-04-23T12:36:25.927Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2024-04-18", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "National Insurance Contributions"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, what the value was of (a) Class 1 employee, (b) Class 1 employer, (c) Class 2 and (d) Class 4 self-employed National Insurance Contributions receipts in the 2023-24 financial year.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4797", "label" : {"_value" : "Biography information for James Murray"}
}
, "tablingMemberConstituency" : {"_value" : "Ealing North"}
, "tablingMemberPrinted" : [{"_value" : "James Murray"}
], "uin" : "22658"}
, {"_about" : "http://data.parliament.uk/resources/1677518", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1677518/answer", "answerText" : {"_value" : " National Insurance Contributions (NICs) are paid via a range of methods to suit customer requirements, including PAYE, self-assessment, direct debit, and quarterly billing.<\/p> HMRC and DWP are currently undertaking work to make improvements to the digital service for voluntary payment of Class 3 NICs, with the intention that ultimately the majority of customers should be able to make any payments of Class 3 NICs online.<\/p> <\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4407", "label" : {"_value" : "Biography information for Nigel Huddleston"}
}
, "answeringMemberConstituency" : {"_value" : "Mid Worcestershire"}
, "answeringMemberPrinted" : {"_value" : "Nigel Huddleston"}
, "dateOfAnswer" : {"_value" : "2023-12-18", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2023-12-18T14:08:32.14Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2023-12-12", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "National Insurance Contributions"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, whether his Department has made an assessment the potential merits of modernising national insurance contribution payment methods for (a) taxpayers and (b) HMRC.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4418", "label" : {"_value" : "Biography information for Justin Madders"}
}
, "tablingMemberConstituency" : {"_value" : "Ellesmere Port and Neston"}
, "tablingMemberPrinted" : [{"_value" : "Justin Madders"}
], "uin" : "6608"}
, {"_about" : "http://data.parliament.uk/resources/1667949", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1667949/answer", "answerText" : {"_value" : " Information on how many people have paid voluntary National Insurance contributions for one or more years and are waiting to have those contributions credited to their National Insurance record is not readily available and could only be obtained at disproportionate cost.<\/p> <\/p> The average waiting time between a customer paying National Insurance contributions and having them credited to a National Insurance record is currently 12 working days, Class 3 allocations are currently being prioritised due to the Class 3 payment extension announcement.<\/p> <\/p> Payments should show on customer records within 8 weeks of when a customer calls the NI helpline. If a customer makes a payment of voluntary National Insurance Contributions, the payment will automatically allocate into their National Insurance record when the money is cleared by HMRC\u2019s banking system. It normally takes a day to then be visible for the customer to view. However, this could take up to 8 week if there is any kind of discrepancy that causes a rejection that requires further investigation.<\/p> <\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4407", "label" : {"_value" : "Biography information for Nigel Huddleston"}
}
, "answeringMemberConstituency" : {"_value" : "Mid Worcestershire"}
, "answeringMemberPrinted" : {"_value" : "Nigel Huddleston"}
, "dateOfAnswer" : {"_value" : "2023-11-15", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2023-11-15T15:16:11.077Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2023-11-07", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "National Insurance Contributions"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, how many people who have paid voluntary National Insurance contributions for one or more years are waiting to have those contributions credited to their National Insurance record; what the average waiting time is between paying voluntary National Insurance contributions and having them credited to a National Insurance record; and when he expects individuals to be able to view such contributions online.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4765", "label" : {"_value" : "Biography information for Wendy Chamberlain"}
}
, "tablingMemberConstituency" : {"_value" : "North East Fife"}
, "tablingMemberPrinted" : [{"_value" : "Wendy Chamberlain"}
], "uin" : "498"}
, {"_about" : "http://data.parliament.uk/resources/1660145", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1660145/answer", "answerText" : {"_value" : " National Insurance Contributions (NICs) are assessed on a pay-period basis per each employment. Requiring the aggregation of earnings for NICs of people doing more than one job with multiple employers would be administratively complex, increasing the burden on employers.<\/p> <\/p> However, the Government keeps all taxes, including NICs, under review.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4399", "label" : {"_value" : "Biography information for Victoria Atkins"}
}
, "answeringMemberConstituency" : {"_value" : "Louth and Horncastle"}
, "answeringMemberPrinted" : {"_value" : "Victoria Atkins"}
, "dateOfAnswer" : {"_value" : "2023-09-19", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2023-09-19T09:45:11.437Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2023-09-12", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "National Insurance Contributions"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of calculating national insurance contributions using the combined income from multiple employers.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4784", "label" : {"_value" : "Biography information for Duncan Baker"}
}
, "tablingMemberConstituency" : {"_value" : "North Norfolk"}
, "tablingMemberPrinted" : [{"_value" : "Duncan Baker"}
], "uin" : "199225"}
, {"_about" : "http://data.parliament.uk/resources/1656986", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1656986/answer", "answerText" : {"_value" : " As with all aspects of the tax system, the Government keeps income tax and NICs rates under review. Any decisions on future changes will be taken by the Chancellor at fiscal events in the context of the wider public finances.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4399", "label" : {"_value" : "Biography information for Victoria Atkins"}
}
, "answeringMemberConstituency" : {"_value" : "Louth and Horncastle"}
, "answeringMemberPrinted" : {"_value" : "Victoria Atkins"}
, "dateOfAnswer" : {"_value" : "2023-09-06", "_datatype" : "dateTime"}
, "groupedQuestionUIN" : [{"_value" : "196082"}
, {"_value" : "196631"}
], "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2023-09-06T16:13:56.143Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2023-09-01", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "National Insurance Contributions"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, if he will reduce national insurance contributions in this parliament", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4410", "label" : {"_value" : "Biography information for Julian Knight"}
}
, "tablingMemberConstituency" : {"_value" : "Solihull"}
, "tablingMemberPrinted" : [{"_value" : "Julian Knight"}
], "uin" : "196632"}
, {"_about" : "http://data.parliament.uk/resources/1610426", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1610426/answer", "answerText" : {"_value" : " The Government recognises the key role that entrepreneurs play in the UK economy and will help them succeed by making the UK the best place in the world to start and grow their businesses.<\/p> <\/p> The National Insurance contributions (NICs) system was designed so that both employees and employers pay NICs, so that the burden for paying contributory benefits as well as contributing to the funding of the NHS, was spread as widely and fairly as possible. As self-employed people do not have a permanent employer, it is right that they only pay self-employed NICs.<\/p> <\/p> To support small businesses to grow fulfil their potential and support them with the costs of employment, the Government increased the Employment Allowance from £4,000 to £5,000 in April 2022 which means that businesses and charities with an employer NICs bills of £100,000 or less in the previous tax year are able to claim up to £5,000 off their employer NICs bills. In 2021-22, the construction industry was the second larger beneficiary by sector of the Employment Allowance, with 145,000 employers benefitting from the allowance.<\/p> <\/p> The Government is also providing businesses with the support they need to invest and innovate, through measures like permanently setting the Annual Investment Allowance at its highest ever level of £1 million; introducing a £13.6 billion package of business rates support; and full expensing which allows business to write off the cost of investment in one go.<\/p> <\/p> The Government keeps all taxes under review.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4399", "label" : {"_value" : "Biography information for Victoria Atkins"}
}
, "answeringMemberConstituency" : {"_value" : "Louth and Horncastle"}
, "answeringMemberPrinted" : {"_value" : "Victoria Atkins"}
, "dateOfAnswer" : {"_value" : "2023-04-19", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2023-04-19T13:50:33.37Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2023-04-14", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "National Insurance Contributions"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of amending the tax system to reflect the difference in employer national insurance contributions for those who are employed compared to those who are self-employed; and if he will make an assessment of the potential impact of that policy on levels of (a) recruitment and (b) retention in the construction industry.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4859", "label" : {"_value" : "Biography information for Virginia Crosbie"}
}
, "tablingMemberConstituency" : {"_value" : "Ynys Môn"}
, "tablingMemberPrinted" : [{"_value" : "Virginia Crosbie"}
], "uin" : "180559"}
, {"_about" : "http://data.parliament.uk/resources/1455148", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1455148/answer", "answerText" : {"_value" : " Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery.<\/p> <\/p> Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at:<\/p> <\/p> https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel<\/a><\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4517", "label" : {"_value" : "Biography information for Lucy Frazer"}
}
, "answeringMemberConstituency" : {"_value" : "South East Cambridgeshire"}
, "answeringMemberPrinted" : {"_value" : "Lucy Frazer"}
, "dateOfAnswer" : {"_value" : "2022-03-31", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2022-03-31T16:00:58.64Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2022-03-28", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "National Insurance Contributions"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, if he will place in the Library (a) a list of meetings between him or officials in his Department and representatives of the payroll sector including the Chartered Institute of Payroll Professionals for (i) 1 January 2022 and (ii) 23 March 2022 and (b) the (A) agendas, (B) attendance notes and (C) minutes of those meetings; and whether discussions were held with representatives of the payroll sector on the timescale and method for implementing changes to National Insurance thresholds and rates.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4031", "label" : {"_value" : "Biography information for Rachel Reeves"}
}
, "tablingMemberConstituency" : {"_value" : "Leeds West"}
, "tablingMemberPrinted" : [{"_value" : "Rachel Reeves"}
], "uin" : "148153"}
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}
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