§ Lord Redesdaleasked Her Majesty's Government:
How much revenue they would lose if firms could pay a national insurance contribution of up to £20,000 per annum before losing small employers' relief and, also, if there were a 100 per cent. reimbursement in cases of illness lasting longer than (a) four weeks; (b) three weeks; (c) two weeks; (d) one week.
The Parliamentary Under-Secretary of State, Department of Social Security (Viscount Astor)The table shows the total cost to the Government of introducing a Small Employers' Relief scheme at 100 per cent. for firms with national insurance contributions below £20,000 for illnesses lasting longer than (a) 4 weeks, (b) 3 weeks, (c) 2 weeks, (d) 1 week.
81WA
Weeks Estimated cost (millions) (a) 4 £25 (b) 3 £30 (c) 2 £35 (d) 1 £45 Notes:
1. Figures are at 1994–95 prices and caseloads. Figures are rounded to the nearest £5 million, but are not accurate to that degree.
2. Figures are subject to some uncertainty.
3. From April 1994, the Government propose to reimburse employers whose national insurance contributions are below £20,000 per annum for days of sickness beyond the fourth week.
§ Lord Redesdaleasked Her Majesty's Government:
How much revenue they would lose if firms could pay a national insurance contribution of up to £32,000 per annum before losing small employers' relief and, also, if there were a 100 per cent. reimbursement in cases of illness longer than (a) four weeks; (b) three weeks; (c) two weeks; (d) one week.
82WA
Viscount AstorThe table shows the total cost to the Government of introducing a small employers′ relief scheme at 100 per cent. for firms with national insurance contributions below £32,000 for illness lasting longer than (a) 4 weeks, (b) 3 weeks, (c) 2 weeks, (d) 1 week.
Weeks Estimated cost (millions) (a) 4 £40 (b) 3 £45 (c) 2 £55 (d) 1 £65 Notes
(1) Figures are at 1994–95 prices and caseloads. Figures are rounded to the nearest £5m, but are not accurate to that degree.
(2) Figures are subject to some uncertainty.
(3) From April 1994, the Government propose to reimburse employers whose National Insurance contributions are below £20,000 per annum for days of sickness beyond the fourth week. This is estimated to cost around £25 million in 1994–95.