National Insurance

Treasury written question – answered on 1st May 2003.

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Photo of John Bercow John Bercow Conservative, Buckingham

To ask the Chancellor of the Exchequer what the cost will be to public funds in 2003–04 of the rise in national insurance contributions on the salary bill of his Department.

Photo of Mr Paul Boateng Mr Paul Boateng Chief Secretary, HM Treasury, The Chief Secretary to the Treasury

It is estimated that the changes to employers' national insurance contributions announced in the Budget will increase pay costs on average by 0.7 per cent. this year.

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