Context
The question refers to a previous letter sent by the MP on December 12th regarding the impact of national insurance rise on small businesses. An update was requested on February 11th and a point of order raised on March 10th, but no response had been received until this point.
Question
The Chancellor is right to focus on increasing economic growth, so will she please explain why my office is still waiting for a response on behalf of a small business to a letter that I sent on 12 December, asking her to look into the impacts of her national insurance rise on small businesses? We asked for an update on 11 February, I raised a point of order on 10 March, and I still have not had a response. Will she please get a response to me as soon as possible?
Answer from The Chancellor of the Exchequer (Rachel Reeves)
I will follow up on that issue. The smallest businesses—those that employ the equivalent of four people on the national living wage—will be paying no national insurance at all from this April. Up to 1 million of the smallest businesses will be paying less or the same national insurance as they were paying previously.
Not addressed: The Chancellor did not provide a specific timeline for responding to the MP's letter but instead addressed the impact of national insurance rise on small businesses in general terms.
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