§ 35. Mr. PikeTo ask the Chancellor of the Exchequer what figures he estimates would be paid to the Treasury if the ceiling on national insurance contributions for employees were abolished. [85285]
§ Dawn PrimaroloThe Government Actuary's Department estimate the full-year yields from abolishing the upper earnings limit on National Insurance Contributions to be £3.8 billion in 2002–03 and £4.3 billion in 2003–04.
These estimates are based on the November 2002 pre-Budget report.