Rate of and small profits threshold for Class 2 contributions
This section has no associated Explanatory Memorandum
3. In section 11 of the Act(1) and the Northern Ireland Act(2) (Class 2 contributions)—
(a)in subsections (2) and (6) for “£3.00” substitute “£3.05”; and
(b)in subsection (4) (small profits threshold) for “£6,365” substitute “£6,475”.
(1)
Section 11 was substituted by paragraph 3 of Schedule 1 to the NICA 2015. The figures in subsections (2), (4) and (6) were last substituted by S.I. 2019/262.
(2)
Section 11 was substituted by paragraph 12 of Schedule 1 to the NICA 2015. The figures in subsections (2), (4) and (6) were last substituted by S.I. 2019/262.