§ Ms. AbbottTo ask the Secretary of State for Social Security by how much the yield of national insurance contributions would be increased if all taxable benefits in kind were treated as earnings.
56. Mr. Alan WilliamsTo ask the Secretary of State for Social Security by how much the yield of national insurance contributions would be increased if all taxable benefits in kind were treated as earnings.
§ Mrs. Gillian ShephardAny increased yield of national insurance contributions would depend on the effects of the employees' upper earnings limit and the various earnings limits for employers' contributions. Because of these factors, the information available about the value of taxable benefits to individual employees compared with their levels of other earnings is insufficiently precise to enable an accurate estimate of additional contributions to be made. However, based on predictions about the total of taxable benefits in kind that are likely to be made available to employees during 1990–91 it is thought that the additional yield could amount to some 1 to 2 per cent. of national insurance contribution income.