Yorkshire businesses urge Chancellor to cut National Insurance contributions for under-25s

The West & North Yorkshire Chamber of Commerce, representing 5,000 employers in the region, is urging Chancellor John Healey to cut National Insurance (NI) contributions for under-25s in his first Budget, which is scheduled for October 28. Businesses, such as Love in Care, said the 2024 increase in employers' NI contributions was an unexpected shock that is still impacting operations, and they are seeking tax reliefs to help them survive and grow. York College principal Ken Murray also called for VAT rebate claims for sixth-form colleges and suggested redirecting funding for unemployed courses to support upskilling for employed individuals.