Below is the text of Mr Major’s written Parliamentary Answer on National Insurance Contributions on 13th February 1986.
Dr. McDonald Asked the Secretary of State for Social Services if he will estimate the revenue effect of abolishing the upper ceiling on payments to the National Insurance Fund for employee contributions.
Mr. Major If the upper earnings limit for employee’s class 1 national insurance contributions were to be abolished in 1986-
These figures are based on the same assumptions as Cmnd. 9672 –