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Employers (Paye And National Insurance Payments)

Volume 984: debated on Thursday 15 May 1980

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asked the Chancellor of the Exchequer what was the total amount of pay-as-you-earn tax and national insurance contributions outstanding from employers at the end of the 1979–80 tax year; and how this compares with 1978–79.

The amount of PAYE tax and national insurance contributions outstanding on 25 April 1980 from employers whose monthly payments exceed £2,000 was estimated to be £640 million, representing about 8–9 days' tax and contributions. I regret that information about the amount due from smaller employers is not available. The corresponding figure 12 months earlier was about £560 million representing about 7–8 days' tax and contributions. The amount outstanding at the end of April tends to be higher than at any other time of the year.I should like to take the opportunity to correct certain figures in the answer I gave to a Question by the right, hon. Member for Heywood and Royton (Mr. Barnett) on 28 February 1980 [Vol. 979, c. 705.] The amount of PAYE tax and national insurance contributions that was outstanding on 25 January 1980 from employers whose monthly payments exceed £2,000 should have been given as about £500 million, representing between 6 and 7 day's tax and contributions. The corresponding figure in January 1979 was about £420 million or between five and six days' tax and contributions.