Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of the April 2025 increase in employer National Insurance contributions on the number of entry-level vacancies for people aged 16 to 24.
A Tax Information and Impact Note (TIIN) was published alongside the introduction of the Bill containing the changes to employer NICs. This can be found here: Changes to the Class 1 National Insurance Contributions Secondary Threshold, the Secondary Class 1 National Insurance contributions rate, and the Employment Allowance, all from 6 April 2025 - GOV.UK
The Office for Budget Responsibility published the Economic and Fiscal Outlook in March 2026, which sets out a detailed forecast of the economy and public finances. The OBR expects that employment levels will rise in every year of the forecast, reaching 35.3m in 2030-31.