National Insurance Fund

HC Deb 07 March 1975 vol 887 cc520-2W

Mr. Richard Wainwright

asked the Secretary of State for Social Services what were the amounts paid to the national insurance fund by employees, employers, the Exchequer, and other sources in each year since 1948, respectively, and the proportions of the total annual receipts these amounts represented each year.

Mr. Alec Jones

The details of contribution receipts from 1953–54 to 1973–74 are given in the following table. A similar breakdown of the contribution receipts before 1953–54 is not available.

CONTRIBUTION RECEIPTS—NATIONAL INSURANCE FUND
Amounts in £000
					Employees			Employers		Exchequer	Others (Classes 2 and 3)
Year	Flat-rate	Graduated	Total	Per cent.	Flat-rate	Graduated	Total	Per cent.		Per cent.		Per cent.
1st April—31st March
1953–54	…	…	…	232,270	—	232,270	42.153	218,478	—	218,478	39.649	70,000	12.704	30,273	5.494
1954–55	…	…	…	235,522	—	235,522	42.003	222,873	—	222,873	39.747	71,000	12.662	31,331	5.588
1955–56	…	…	…	271,969	—	271,969	41.038	265,279	—	265,279	40.029	92,000	13.882	33,471	5.051
1956–57	…	…	…	278,578	—	278,578	40.686	274,820	—	274,820	40.138	96,300	14.065	34,997	5.111
1957–58	…	…	…	271,822	—	271,822	39.398	283,557	—	283,557	41.098	100,880	14.621	33,691	4.883
1958–59	…	…	…	316,858	—	316,858	36.928	344,884	—	344,884	40.194	163,172	19.016	33,135	3.862
1959–60	…	…	…	321,378	—	321,378	36.628	350,893	—	350,893	39.991	168,500	19.204	36,653	4.177
1960–61	…	…	…	321,828	—	321,828	36.427	353,946	—	353,946	40.062	170,000	19.242	37,712	4.269
1961–62	…	…	…	339,431	74,010	413,441	37.476	389,828	74,010	463,838	42.045	187,381	16.985	38,542	3.494
1962–63	…	…	…	338,901	90,864	429,765	37.695	389,901	90,864	480,765	42.168	188,640	16.545	40,952	3.592
1963–64	…	…	…	384,067	114,554	498,621	37.830	447,354	114,554	561,908	42.631	212,000	16.084	45,535	3.455
1964–65	…	…	…	400,102	139,019	539,121	38.032	469,315	139,019	608,334	42.914	219,000	15.449	51,103	3.605
1965–66	…	…	…	482,168	152,397	634,565	36.096	637,058	152,397	789,455	44.907	281,788	16.029	52,183	2.968
1966–67	…	…	…	476,005	178,658	654,663	36.149	632,842	178,658	811,500	44.809	287,000	15.848	57,853	3.194
1967–68	…	…	…	504,852	208,691	713,543	36.385	675,568	208,691	884,259	45.091	300,000	15.298	63,259	3.226
1968–69	…	…	…	571,277	221,414	792,691	36.316	760,582	221,414	981,996	44.988	342,261	15.680	65,828	3.016
1969–70	…	…	…	575,066	270,583	845,649	36.594	767,723	270,583	1,038,306	44.930	353,522	15.298	73,431	3.178
1970–71	…	…	…	594,763	394,524	989,287	37.323	789,577	394,524	1,184,101	44.672	401,979	15.165	75,264	2.840
1971–72	…	…	…	596,142	529,758	1,125,900	37.136	795,397	529,758	1,325,155	43.708	492,000	16.228	88,752	2.928
1972–73	…	…	…	594,722	745,999	1,340,721	37.433	834,053	745,999	1,580,052	44.115	556,000	15.524	104,884	2.928
1973–74	…	…	…	584,263	966,695	1,550,958	36.819	966,902	966,695	1,933,597	45.902	597,000	14.172	130,868	3.107
Notes:
(1) The flat-rate contributions paid before 1969–70 include small amounts subsequently refunded as paid in error. Information as to the make up of the refunds is not available.
(2) In addition to the amounts shown in the table, the National Insurance Fund and the National Insurance Reserve Fund earned interest of about £50 million a year on the balances. This has been excluded in calculating the proportion of the payments represented by the various contributions.