Employers' Contributions

Treasury written question – answered on 25th November 2021.

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Photo of Margaret Ferrier Margaret Ferrier Independent, Rutherglen and Hamilton West

To ask the Chancellor of the Exchequer, what research his Department has commissioned on the impact of the rise in Employer National Contributions on (a) the employment rate and (b) wages.

Photo of Lucy Frazer Lucy Frazer The Financial Secretary to the Treasury

The Office for Budget Responsibility set out their assessment of the economic effects of the Levy in their latest Economic and Fiscal Outlook, including the impact on labour supply and wages. This can be found here: https://obr.uk/efo/economic-and-fiscal-outlook-october-2021/

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