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.
Answered on
25 November 2021
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/
Answered by
Treasury