Commenting on the Chancellor’s announcement in the Autumn Statement that employers’ National Insurance contributions for apprentices under 25 will be scrapped, Caroline Williams, Chief Executive of Norfolk Chamber said:
“Abolishing employers’ National Insurance for young apprentices will encourage many businesses to hire them, by reducing the costs of employment and additional training. Our research shows that 54% of firms say funding for training and support would encourage them to hire more young people, which is why we have called for increased financial support for employers hiring apprentices.”
Caroline also called for the government to consider introducing a taper to smooth the transistion for those employers who keep young people on beyond their apprenticeship, at which point the full National Insurance contributions would kick in.
