§ Dr. McDonaldasked the Secretary of State for Social Services what would be the extra revenue to be gained from abolishing the ceiling on national insurance contributions for (a) employee and self-employed contributions and (b) employers' contributions at 1981–82 contribution rates.
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§ Mrs. ChalkerOn the assumptions given in the Government Actuary's report on the Social Security (Contributions) Bill 1980, Cmnd. 8091, it is estimated that extra revenue in Great Britain from abolishing the ceilings for national insurance contributions for the year 1981–82 on the proposed contributions rates would be (a) from employees and self-employed, about £400 million, and (b) from employers (including national insurance surcharge) about £535 million. Of these amounts, it is estimated that £300 million and £470 million would be received in the financial year 1981–82 and the remainder in later years. It has been assumed that the ceiling of £200 a week would still apply for the purpose of calculating the contracted-out rebates.