{"id":17841,"date":"2024-12-02T07:50:53","date_gmt":"2024-12-02T07:50:53","guid":{"rendered":"https:\/\/www.thebusinessdesk.com\/south-west\/?p=17841"},"modified":"2024-12-02T07:50:53","modified_gmt":"2024-12-02T07:50:53","slug":"chamber-rallies-business-on-national-insurance-rise","status":"publish","type":"post","link":"https:\/\/www.thebusinessdesk.com\/south-west\/news\/17841-chamber-rallies-business-on-national-insurance-rise","title":{"rendered":"Chamber rallies business on National Insurance rise"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Dorset Chamber is holding a poll of business amid &#8220;significant concerns&#8221; about the Government\u2019s hike in National Insurance for employers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It has called for all businesses in the county \u2013 members and non-members \u2013 to take part to provide an accurate and evidenced understanding of the issue so it can lobby at the highest level.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The chamber is also mobilizing its nine-strong network of affiliated town chambers of commerce to get behind the survey.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In her recent Budget, Chancellor Rachel Reeves announced an\u00a0 increase from 13.8% to 15% in the employers National Insurance rate from April 2025.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Dorset Chamber, the county\u2019s voice of business, launched the poll after hearing of major fears about the rise \u2013 including recruitment and pay rise freezes, workforce cuts, price increases for customers and cancelled investment plans.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ian Girling, chief executive, said: \u201cMany businesses across a number of sectors are telling us of their significant concerns about the affordability of the NI increases and the wider impacts this will have on businesses and consumers, who will no doubt feel the pain of these additional costs to business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cAn accurate understanding and informed view is important if we are to lobby on behalf of Dorset businesses as the voice of business, both locally, nationally and through the British Chambers of Commerce at the highest level of government.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cBusinesses completely understand that taxation and investment in public services is vital. But the view of many we talk to is that this was not at all a budget for business but a blunt taxation tool that has been inflicted on employers in what is already a challenging economic climate.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He added: \u201cI would urge all businesses to complete this survey, whether they are members of the chamber or not.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIt is so important that we have the weight of replies so we can talk about this issue with the utmost authority, credibility and influence.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the recent Budget, the Chancellor also announced that employers will start paying National Insurance on more of an employee\u2019s earnings with the threshold reducing from \u00a39,100 to \u00a35,000. The employment allowance will go up from \u00a35,000 to \u00a310,500.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Questions in the survey cover the level of concern about the NI increase and impact on monthly wages, business and cash flow.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It also offers employers the chance to make a public statement should they wish.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">All responses will be treated in complete confidence apart from the public statements and any information sent to other organisations as part of the chamber\u2019s lobbying will be anonymised.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Dorset Chamber has 700 members representing more than 37,000 employees. It is the only chamber in the county affiliated to the British Chambers of Commerce.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Its affiliated chambers are Bournemouth Chamber of Trade and Commerce, Bridport Business Chamber of Trade and Commerce, Dorchester Chamber for Business, Gillingham Chamber of Commerce, Shaftesbury Chamber of Commerce, Sherborne Chamber of Trade and Commerce, SturBiz Sturminster Newton Chamber of Commerce, Swanage and District Chamber of Commerce and Weymouth and Portland Chamber of Commerce.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chancellor Rachel Reeves announced an\u00a0 increase from 13.8% to 15% in the employers National Insurance rate from April 2025<\/p>\n","protected":false},"author":18,"featured_media":17117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120782],"coauthors":[],"class_list":["post-17841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-dorset"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - 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