§ 100. Mr. McKayasked the Chancellor of the Exchequer, in view of the fact that of the employers' contributions of £304 millions to the National Insurance funds in 1956 £95 millions additional revenue would be collectible if the £304 million did not rank as a trading expense for tax purposes, what will be the total amount of the employers' contributions to the National Insurance funds in 1958–59, based on the Actuary's Report on the National Insurance funds; and what the estimated increase in collectible revenue would be in that year if the amount contributed by the employers did not rank as a trading expense.
§ Mr. SimonAbout £405 million attracting tax relief (mainly in 1959–60) of about £127 million at existing rates.