§ 22. Sir Michael NeubertTo ask the Secretary of State for Social Security what assessment he has made of the revenue which would arise from the removal of the upper earnings limit for national insurance contributions.
§ Mr. ScottIf the ceiling for employees and self-employed national insurance contributions were abolished, it is currently estimated that contribution yield would increase in a full year by £2.5 billion and £0.5 billion respectively. Based on 1990–91 figures it is estimated that some 3–4 million employees and 0–5 million self-employed people would pay more in contributions.