HC Deb 24 March 1952 vol 498 cc9-10W
69. Mr. Perkins

asked the Minister of National Insurance whether, in view of the fact that accounting machines which are very largely used in preparing pay rolls, are not equipped to handle halfpennies, he will consider altering the division of the increased 1s. 3d. a week contribution between the employer and employee so as to avoid the use of halfpennies.

Mr. Peake

The increase in the contributions for National Insurance and industrial injuries insurance have not been finally settled and I shall try to avoid the use of halfpennies.

Captain Duncan

asked the Minister of National Insurance what is the estimated increased income to the Insurance Fund, arising from the increased employees', employers' and State contributions, respectively.

Mr. Peake

I would refer my hon. and gallant Friend to the reply I gave today to the hon. Member for Ince (Mr. T. Brown).

74. Mr. T. Brown

asked the Minister of National Insurance the estimated increase to the National Insurance Fund which will accrue from the increased contributions of 7½d. and 5½d. when they become operative.

Mr. Peake

If National Insurance contributions of employed persons and employers were respectively increased by 7½d. for men and 5½d. for women, with appropriate additions for self-employed and non-employed persons, it would produce about £60 million a year and would attract an Exchequer contribution of about £10 million.