Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of increased National Insurance contributions on voluntary sector health organisations.
A Tax Information and Impact Note (TIIN) was published alongside the introduction of the Bill containing the changes to employer National Insurance contributions (NICs). The TIIN sets out the impact of the policy on the exchequer, the economic impacts of the policy, and the impacts on individuals, businesses, and civil society organisations, as well as an overview of the equality impacts.
To support social care authorities to deliver key services, in light of pressures, the Government is making available up to £3.7 billion of additional funding for social care authorities in 2025/26, which includes a £880 million increase in the Social Care Grant. This is part of an overall increase to local government spending power of 6.8% in cash terms.
More widely, the Government provides support for charities, including hospices, via our tax regime, which is among the most generous of anywhere in the world. Tax reliefs for charities and their donors was worth just over £6 billion for the tax year to April 2024.