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Written question asked by Lord Taylor of Warwick (Non-affiliated) on Monday, 8 December 2025, in the House of Lords. It was due for an answer on Monday, 22 December 2025. It was answered by Baroness Lloyd of Effra (Labour) on Monday, 22 December 2025 on behalf of the Department for Business and Trade.


Business: Regulation and Taxation

Question

To ask His Majesty's Government what assessment they have made of the impact of tax and regulatory changes for businesses on employment levels.

Answer

Delivering on our plan to Make Work Pay is a core part of the mission to grow the economy, raise living standards and create opportunities for all. We are committed to working in partnership with businesses to realise that ambition, enabling businesses and workers to thrive.

My department has published a set of Impact Assessments that provide a comprehensive analysis on the potential impact of the Employment Rights Bill. This analysis is available at: https://www.gov.uk/guidance/employment-rights-bill-impact-assessments

The OBR judged that none of the tax measures in this Budget will have a material impact to justify adjusting their employment forecast and have not yet made a judgement on the Employment Rights Bill given ongoing policy development.


Secondary information

Type
Written question
Reference
HL12766
Session
2024-26
Subjects
Business Employment Reform Regulation Taxation
Link
View this Written question on www.parliament.uk