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National Insurance Contributions

Volume 942: debated on Tuesday 17 January 1978

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asked the Secretary of State for Social Services what would be the extra revenue if the upper wage limit was abolished in respect of national insurance contributions.

The extra revenue in respect of 1978–79, including the surcharge on Class 1 contributions, would be about £450 million on the assumptions used in the Government Actuary's report on the 1978–79 contribution rates (Cmnd 7036).