§ Mr. Battle
To ask the Secretary of State for Social Security if he will estimate(a) the savings from abolishing the national insurance ceiling and (b) the cost of abolishing the national insurance threshold in 1994–95 and 1995–96.
§ Mr. Arbuthnot
[holding answer 10 January 1995]: The information is in the table.177W
Change in yield (£ million) (a) (b) 1994–95 +2.7 +3.2 1995–96 -1.0 -1.1
- 1. the reply at (a) assumes that the upper earnings limit would remain in place at current levels for the purpose of calculating contracted-out rebates.
- 2. the reply at (b) assumes that non contributions are paid by employed earners on the portion of earnings below the lower earnings limit.