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447176
registered interest false more like this
date remove filter
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading National Insurance Contributions remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, if he will make an assessment of the (a) potential merits and (b) cost to the public purse of extending the class 1 secondary national insurance contributions exemption for employees aged under 21 to include employees aged under 25. more like this
tabling member constituency Burton more like this
tabling member printed
Andrew Griffiths more like this
uin 23846 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-01-28more like thismore than 2016-01-28
answer text <p>The Government is determined to support young people into work. The existing Employer NICs relief for under 21 year olds recognises that the problem of youth unemployment is most acute for those at the youngest end of the scale. The Employer NICs relief for apprentices under 25 (to be introduced this April) focuses resources on those seeking to gain skills and experience through an apprenticeship to improve their employment prospects.</p><br /><p>HM Revenue and Customs does not routinely estimate the cost of extending tax or NICs reliefs, so an accurate assessment of the cost of extending the Employer NICs relief to all under 25s is not available. However, the Government keeps all taxes and tax reliefs under review as a matter of course. Any decision on extending these existing NICs reliefs would depend on whether this would offer value for money in helping young people find and stay in work.</p> more like this
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
question first answered
less than 2016-01-28T11:38:19.477Zmore like thismore than 2016-01-28T11:38:19.477Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
3936
label Biography information for Andrew Griffiths more like this