§ Ms Roseanna CunninghamTo ask the Chancellor of the Exchequer if he will estimate the additional annual revenue from raising the ceiling on employees' national insurance contributions to(a) the level at which taxpayers became liable for higher rate income tax and (b) £1,000 a week. [124250]
§ Dawn PrimaroloThe full year yields from increasing the Upper Earnings Limit (UEL) and Upper Profits Limit (UPL) in 2001–02 are given in the table.
£ million 2001–02 Exchequer yield Increase the UEL/UPL to: higher rate threshold 840 to £1,000 per week 2,560 The estimates are consistent with the March 2000 Budget.