§ Mrs. Renée Shortasked the Secretary of State for Social Services (1) what extra revenue would accrue to the Government if the ceiling on national insurance contributions were abolished (a) for employees and (b) for employers and there were a proportional rate in 1981–82;
(2) what extra revenue would accrue to the Government if the ceiling on national insurance contributions were abolished and there were a proportional rate on all earnings in 1981–82.
§ Mrs. ChalkerIf the ceiling on Class 1 and Class 4 national insurance contributions had been abolished, it is estimated that, at the existing rates of contributions, the extra contributions that would have been payable for the tax year 1981–82 amount to(a) £400 million for employees, (b) £700 million for employers (including the national insurance surcharge) and (c) £100 million for Class 4 contributors.
379WThese figures are consistent with the assumptions used by the Government Actuary in his latest report on the national insurance fund—Cmnd. 8091.