§ Lord Dixon-Smithasked Her Majesty's Government:
What is the annual salary for an employee paying national insurance contributions required to produce a total for employer's and employee's national insurance contributions for that person shown on the End of Year Summary P14 consisting of seven digits before the decimal point; and [HL2053]
What is their estimate of the number of employees paying national insurance contributions in relation to whom seven digits before the decimal point are necessary to show the total of employer's and employee's national insurance contributions on their End of Year Summary P14. [HL2054]
§ Lord McIntosh of HaringeyIn the tax year 2000–01 where an employee earned over £8.2 million the combined employee and employer national insurance contributions would exceed £1 million. The actual amount is recorded on the P14 end of year summary. I can confirm that this situation does arise but I regret that it is not possible to provide a reliable estimate of the number of employees involved.