Employers' Contributions: Consumers
(asked on 24th November 2025) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of the increase in National Insurance contributions on costs to consumers.
This question was answered on 2nd December 2025
The government published a Tax Information and Impact Note (TIIN) which set out the impact of the changes to employer NICs, including impacts for individuals, alongside the introduction of the Bill.
The government is cutting inflation next year to bear down on the cost of living, and support price stability, with measures taken at Budget 2025 cutting CPI inflation by 0.4 percentage points in 2026-27.