HC Deb 12 November 1982 vol 31 c306W
Mr. Field

asked the Secretary of State for Social Services what would be the cost for each percentage point increase in the Exchequer contribution to the national insurance fund.

Mr. Rossi

It would be £214 million.

Mr. Field

asked the Secretary of State for Social Services what revenue would be gained by abolishing the ceiling on employees' contributions to the national insurance fund.

Mr. Newton

On the assumption that with effect from April 1983 the ceiling would be abolished for employees' contributions, but would be retained for employers' contributions and for contracting out contributions, the additional revenue would be approximately £470 million over that shown in the report by the Government Actuary on the draft of the Social Security (Contributions, Re-rating) Order 1982.

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