Below is the text of Mr Major’s written Parliamentary Answer on National Insurance Contributions on 9th December 1985.
Dr. McDonald Asked the Secretary of State for Social Services what would be the additional income in the 1986-
Mr. Major If the upper earnings limit for employee’s class 1 contributions and the upper profits limit for self-
£680 million from employees
£80 million from self-
These figures are based on the same assumptions as Cmnd. 9672 (the report by the Government Actuary on the draft of the Social Security (Contributions, Re-