§ Mr. EdwardsTo ask the Chancellor of the Exchequer if he will estimate the increase in revenue to the Exchequer in the financial year 2001–02 as a result of(a) raising the upper earnings limit on employee national insurance contributions to the threshold of the higher rate of income tax of £629.28 per week and (b) removing the upper earnings limit on employee national insurance contributions. [140208]
§ Dawn PrimaroloThe estimated full year effects for 2001–02 are in the table:
£ million 2001–02 full year effects Raising the upper earnings limit to the weekly equivalent of the higher rate threshold for income tax of £652.60 per week †700 Abolishing the upper earnings limit †3,050