National Insurance Contributions Bill
10:45 am
Sam Mitha: Under the current legislation, prior to the enactment of the National Insurance Contributions Bill, the upper earnings limit is set at seven and a half times the primary threshold. Once the Bill is enacted, assuming that it is passed in the form that is being proposed, Ministers will be able to set it at a level that is set by regulation, subject to affirmative resolution. At the moment, the maximum of the upper earnings limit that could be set prior to the passage of the Bill that is currently before Parliament is seven and a half times the primary threshold, which is currently £100 a week—the level at which national insurance class 1 contributions become payable.