§ Mr. BettsTo ask the Secretary of State for Social Security what would be the effect on Treasury revenue in 1995–96, and in a full year, of(a) raising the national insurance ceiling to the same level as the higher-rate tax band and (b) abolishing the ceiling for national insurance contributions.
1137W
§ Mr. ArbuthnotThe information is in the table:
1995–96 Additional Yield (£ million) Employees Self-employed Total (a) In Year 1,000 50 1,050 Full Year 1,150 100 1,250 (b) In Year 3,000 200 3,200 Full Year 3,350 500 3,850 Note:
(1) The reply assumes that the upper earnings limit would remain in place at current levels for the purpose of calculating contracted-out rebates.
§ Mr. BettsTo ask the Secretary of State for Social Security if he will estimate for 1994–95 or give the most recently available estimate of the number of(a) employees who pay national insurance contributions, (b) employees with earned income above the national contributions ceiling, (c) employees with earnings less than the income tax threshold who pay national insurance insurance contributions, (d) self-employed who pay class 4 national insurance contributions, (e) self-employed who pay class 2 national insurance contributions, (f) self-employed who pay class 3 national insurance contributions, (g) all self-employed paying national insurance contributions and (h) self-employed with profits above the upper profits limit for national insurance contributions.
§ Mr. ArbuthnotThe information is in the table:
- (a) 18.1 million
- (b) 3.2 million
- (c) 0.5 million
- (d) 1.6 million
- (e) 2.4 million
- (f) Reliable estimates are not available.
- (g) In addition to those at (e) a number of self-employed earners pay Class 3 National Insurance Contributions (NICs) to make-up their contribution record or Class 1 NICs from concurrent employment as an employment earner. Reliable estimates of the numbers involved are not available.
- (h) 0.35 million
Note:
Figures in the table (a-e) have been rounded to nearest 0.1 million.