HC Deb 09 May 1995 vol 259 c394W
Mr. Frank Field

To ask the Secretary of State for Social Security what would be the effect on Treasury revenue in a full year of raising the upper earnings limit for national insurance by(a) £5, (b) £10 and (c) £15. [23346]

Mr. Arbuthnot

It is estimated that, for 1995–96, the additional income from class 1 employee contributions and class 4 self-employed contributions would be:

  1. (a) £55 million
  2. (b) £115 million
  3. (c) £165 million

Source:

  • Government Actuary's Department

Mr. Frank Field

To ask the Secretary of State for Social Security what would be the effect on Treasury revenue in a full year of raising the lower earnings limit for national insurance to the level of the personal tax allowance; and how many people would be taken out of national insurance by this measure. [23347]

Mr. Arbuthnot

It is estimated that there would be a reduction in national insurance contributions of about £500 million in a full year and that about 500,000 people would be removed from the coverage of the national insurance scheme.