Logistics: Employers' Contributions

(asked on 19th November 2024) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, if she will make an assessment of the potential impact of the increase in employers’ National Insurance contributions on the logistics sector.


Answered by
Lilian Greenwood Portrait
Lilian Greenwood
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 25th November 2024

To repair the public finances and help raise the revenue required to increase funding for public services, the Government has taken the difficult decision to increase employer National Insurance.

The Government recognises the need to support the smallest employers which is why we have more than doubled the Employment Allowance to £10,500, meaning more than half of businesses with NICs liabilities either gain or see no change next year.

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