§ Mr. ChopeTo ask the Chancellor of the Exchequer what(a) amount and (b) proportion of the estimated total revenue to be raised in 2003–04 from the increases in national insurance contributions on (i) employees and (ii) the self-employed announced in the Budget he estimates will be raised from individuals who have salaries below the upper earnings/profit limit. [56470]
§ Dawn Primarolo[holding answer 14 May 2002]: The NIC changes announced in the Budget are shown in table A.1 of the April 2002 Financial Statement and Budget Report (page 154), a copy of which is available in the Library of the House.
The proportions of the additional NIC revenue split between those with incomes below and above the upper thresholds are estimated in the following table.
Percentage Class 1 primary Class 4 From individuals with earnings/profits below the UEL/UPL 56 40 From individuals with earnings/profits above the UEL/UPL 44 60