Social Security Administration Act 1992

141 Annual reviews of contributions U.K.

(1) In each tax year the [F1 Treasury] shall carry out a review of the general level of earnings in Great Britain taking into account changes in that level which have taken place since [F1 their] last review under this section, with a view to determining whether, in respect of Class 2, 3 or 4 contributions, an order should be made under this section, to have effect in relation to the next following tax year.

(2) For the purposes of any review under this section, the [F2 Treasury]—

(a) shall estimate the general level of earnings in such manner as [F3 they think fit]; and

(b) shall take into account about other matters appearing to [F4 them] to be relevant to [F4 their] determination whether or not an order should be made under this section, including the current operation of the Contributions and Benefits Act.

(3) If the [F5 Treasury determine], as a result of a review under this section, that having regard to changes in the general level of earnings which have taken place, and to any other matters taken into account on the review, an order under this section should be made for the amendment of Part I of the Contributions and Benefits Act, [F6 they] shall prepare and lay before each House of Parliament a draft of such an order framed so as to give effect to [F6 their] conclusions on the review.

(4) An order under this section may amend Part I of the Contributions and benefits Act by altering any one or more of the following figures—

(a) the figure specified in [F7 section [F8 11(6)]] as the weekly rate of Class 2 contributions;

(b) the [F9 figure] specified in section 11(4) as F10 ... the [F11 small profits threshold for the purposes of Class 2 contributions];

(c) the figure specified in section 13(1) as the amount of a Class 3 contribution;

(d) the figures specified in [F12 subsection (3) of section 15 as the upper limit of profits or gains to be taken into account for the purposes of Class 4 contributions under that section and as the lower limit of profits or gains to be taken into account for those purposes under paragraph (a) of that subsection.]

(5) If an order under this section contains an amendment altering either of the figures [F13 referred to in subsection (4)(d) above], it shall make the same alteration of the corresponding figure specified in section [F14 18 of the Contributions and Benefits Act].

(6) If the [F15 Treasury determine] as a result of a review under this section that, having regard to [F16 their] conclusions in respect of the general level of earnings and otherwise, no such amendments of Part I of the Contributions and Benefits Act are called for as can be made for the purposes of subsection (4) above, and [F17 determine] accordingly not to lay a draft of an order before Parliament, [F16 they] shall instead prepare and lay before each House of Parliament a report explaining [F16 their] reasons for that determination.

(7) In subsection (1) above in its application to the tax year 1992-93 the reference to the last review under this section shall be construed as a reference to the last review under section 120 of the 1975 Act.

Textual Amendments

F1 Words in s. 141(1) substituted (1.4.1999) by Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2), s. 28(3), Sch. 3 para. 44(2); S.I. 1999/527, art. 2(b), Sch. 2

F2 Words in s. 141(2) substituted (1.4.1999) by Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2), s. 28(3), Sch. 3 para. 44(3)(a); S.I. 1999/527, art. 2(b), Sch. 2

F3 Words in s. 141(2)(a) substituted (1.4.1999) by Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2), s. 28(3), Sch. 3 para. 44(3)(b); S.I. 1999/527, art. 2(b), Sch. 2

F4 Words in s. 141(2)(b) substituted (1.4.1999) by Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2), s. 28(3), Sch. 3 para. 44(3)(c); S.I. 1999/527, art. 2(b), Sch. 2

F5 Words in s. 141(3) substituted (1.4.1999) by Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2), s. 28(3), Sch. 3 para. 44(4)(a); S.I. 1999/527, art. 2(b), Sch. 2

F6 Words in s. 141(3) substituted (1.4.1999) by Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2), s. 28(3), Sch. 3 para. 44(4)(b); S.I. 1999/527, art. 2(b), Sch. 2

F7 Words in s. 141(4)(a) substituted (with effect for the tax year 2015-16 and subsequent tax years) by National Insurance Contributions Act 2015 (c. 5), Sch. 1 para. 20(a) (with Sch. 1 para. 35)

F8 Word in s. 141(4)(a) substituted (6.4.2024) by National Insurance Contributions (Reduction in Rates) Act 2023 (c. 57), Sch. paras. 4(3)(4)(a)(7)

F9 Word in s. 141(4)(b) substituted (6.4.2024) by National Insurance Contributions (Reduction in Rates) Act 2023 (c. 57), Sch. paras. 4(3)(4)(b)(i)(7)

F10 Words in s. 141(4)(b) omitted (6.4.2024) by virtue of National Insurance Contributions (Reduction in Rates) Act 2023 (c. 57), Sch. paras. 4(3)(4)(b)(ii)(7)

F11 Words in s. 141(4)(b) substituted (with effect for the tax year 2015-16 and subsequent tax years) by National Insurance Contributions Act 2015 (c. 5), Sch. 1 para. 20(b) (with Sch. 1 para. 35)

F12 Words in s. 141(4)(d) substituted (with effect in relation to the tax year 2003-04 and subsequent tax years) by National Insurance Contributions Act 2002 (c. 19), s. 8(2), Sch. 1 para. 16(2)

F13 Words in s. 141(5) substituted (with effect in relation to the tax year 2003-04 and subsequent tax years) by National Insurance Contributions Act 2002 (c. 19), s. 8(2), Sch. 1 para. 16(3)(a)

F14 Words in s. 141(5) substituted (with effect in relation to the tax year 2003-04 and subsequent tax years) by National Insurance Contributions Act 2002 (c. 19), s. 8(2), Sch. 1 para. 16(3)(b)

F15 Words in s. 141(6) substituted (1.4.1999) by Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2), s. 28(3), Sch. 3 para. 44(5)(a); S.I. 1999/527, art. 2(b), Sch. 2

F16 Words in s. 141(6) substituted (1.4.1999) by Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2), s. 28(3), Sch. 3 para. 44(5)(b); S.I. 1999/527, art. 2(b), Sch. 2

F17 Word in s. 141(6) substituted (1.4.1999) by Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2), s. 28(3), Sch. 3 para. 44(5)(c); S.I. 1999/527, art. 2(b), Sch. 2