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National Insurance

Volume 184: debated on Friday 25 January 1991

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To ask the Chancellor of the Exchequer if he will estimate the cost of changing the national insurance threshold into a tax allowance in 1991–92.

The estimated full year cost of abolishing the charge on the first £52 per week of earnings for those employees earning above the lower earnings limit would be about £1·1 billion for 1991–92.