---

Dept of Social Security

Answer

Ms Corston: To ask the Secretary of State for Social Security what is his estimate of the yield of an additional (a) 0.5 per cent. and (b) 1 per cent. on the top rates of national insurance contributions paid by (i) employees, (ii) employers and (iii) the self-employed, at 1995-96 prices and contribution rates, in the years (1) 2000-01, (2) 2010-11, (3) 2020-21 and (4) 2030-31. [8250] Mr. Heald: The information is in the table: Great Britain accruals £ billions in 1995-96 prices _________________________________________________________________________________________________. 2000-01 2010-11 2010-21 2030-31 (a) 0.5 per cent NIC increase Employees 1.20 1.40 1.50 1.55 Employers{1} 1.55 1.95 2.35 2.65 Self-employed{2} 0.10 0.10 0.10 0.10 (b) 1 per cent. NIC increase Employees 2.45 2.80 3.05 3.10 Employers{1} 3.15 3.95 4.70 5.30 Self-employed{2} 0.15 0.20 0.20 0.20 _________________________________________________________________________________________________. Notes: {1} Includes Class 1A contributions paid by employers on cars and car fuel. {2} Increase applies to self-employed Class 4 National Insurance contributions. Class 1 earnings limits and Class 4 profits limits assumed to rise in line with prices. Source: Government Actuary's Department.

Secondary information

Type

Written question

Reference

8250; 287 c354-5W

Session

1996-97

Subjects

Employees' contributions Employers' contributions National insurance contributions Tax rates and bands Tax yields Self-employed

Contains statistics

Yes