§ Mr. WillettsTo ask the Chancellor of the Exchequer with reference to paragraph C48 on page 221 of the720W Budget Red Book, if he will provide his estimate of how much lower grant in the contracted-out rebates is than was expected in the pre-Budget report; and if he will provide his estimate of higher receipt in the later years of the forecasts. [51949]
§ Mr. Andrew Smith[holding answer 23 April 2002]: Lower growth in contracted out rebates than assumed in the pre-Budget report is estimated to result in an increase of £0.2 billion in net receipts from social security contributions in 2002–03. Estimates of higher receipts from Budget measures on a national accounts basis from 2003–04 are given in rows two to four of Table A.1 in the April 2002 Financial Statement and Budget report, and estimates of social security contributions as a percentage of GDP to 2006–07 are shown in Table C9.