§ Mr. Jim Lesterasked the Chancellor of the Exchequer what annual cost at present rates will fall on employers of five, 25, 100, 500, 1,000, 5,000, and 10,000 employees, respectively, by the surcharge proposed in the National Insurance Bill.
§ Mr. Robert SheldonFollowing are the figures:
No. of employees Additional annual cost to employer in 1977–78 £ 5 … … … 321 25 … … … 1,607 100 … … … 6,407 500 … … … 32,135 1,000 … … … 64,270 5,000 … … … 321,350 10,000 … … … 642,700 This assumes that all employees are over 18, full time and on average earnings of £61.80p.