HC Deb 28 February 1991 vol 186 cc609-10W
Mr. Allen

To ask the Secretary of State for Social Security how much additional revenue would be generated by taking the high level ceiling off national insurance contributions.

Mr. Jack

If the upper earnings limit for employees' national insurance contributions were abolished, it is estimated that contribution yield would increase by some £2.5 billion a year. If the corresponding upper profits limit for self-employed people were also removed it is estimated that contribution income would increase by an additional £0.5 billion a year.

Mr. Allen

To ask the Secretary of State for Social Security how much income would be generated by levying national insurance contributions on unearned income.

Mr. Jack

If national insurance contributions were levied at the current employees' main percentage rate of 9

I met representatives of the trustees of the ILF on 6 February when they informed me that they had decided to remove from I March 1991 the restriction on awards to those aged 75 or over.