HC Deb 15 December 1980 vol 996 cc26-7W
Mr. Richard Wainwright

asked the Chancellor of the Exchequer what would be the full year cost of abolishing the employer's national insurance surcharge for all employees under the age of 21 years.

Mr. Biffen

On the basis of the economic assumptions published in Cmnd. 8091, the full year cost of abolishing the employer's national insurance surcharge for all employees in the United Kingdom under the age of 21 years would be in the order of £250 million.