HC Deb 19 June 1995 vol 262 cc99-100W
Mr. Alex Carlile

To ask the Secretary of State for

£ per week less than 58 58 to 104.99 105 to 149.99 150 to 204.99 205 to 439.99 Above 440
Number in millions 3.1 1.8 1.7 2.6 8.9 3.3

Source: Government Actuary's Department

Mr. Malcolm Bruce

To ask the Secretary of State for Social Security what is his estimate of the total revenue yield from employers' national insurance contributions for 1994–95. [29009]

Mr. Arbuthnot

The total yield is estimated at £23.4 billion.

Source: Government Actuary's Department.

Mr. Malcolm Bruce

To ask the Secretary of State for Social Security what is his estimate of the revenue which would be raised by charging employers national insurance contributions at 20 per cent. for weekly incomes in excess of £1,500. [29011]

Social Security (1) if he will institute an independent review of the necessity and size of the contingency reserve held in respect of car leasing facilitated by Motability; and if he will make a statement; [28715]

(2) what is the current level of the contingency reserve held in respect of car leasing facilitated by Motability; and if he will make a statement; [28716]

(3) what assessment he has made of the arrangements for the financing of car leasing for disabled people via Motability; and if he will make a statement; [28717]

(4) what assessment he has made of the relationship between Motability and Motability Finance Ltd. in connection with the provision of mobility services for disabled people to whom mobility allowance is paid. [28718]

Mr. Hague

The level of the contingency reserves held by Motability Finance Ltd. are a matter for discussion between MFL and Motability, an independent charity. When Motability and MFL reviewed the level needed early last year they agreed that £25 million, including tax credit, should be transferred by way of gift aid into Motability charitable funds. MFL states that the current level of the combined contingency reserves for car leasing and hire purchase schemes is £37.1 million. The level required is currently being considered as part of an annual review of financial arrangements by Motability and MFL. The Department and Motability have recently finalised a financial memorandum, the aim of which is to ensure that Motability can continue to build on its success in providing some 5,000,000 vehicles to disabled people at good value for money.