C1

C1

C2C3C4Part I Contributions

Annotations:
Modifications etc. (not altering text)

Class 1 contributions

F19 Calculation of secondary Class 1 contributions.

1

Where a secondary Class 1 contribution is payable as mentioned in section 6(1)(b) above, the amount of that contribution shall be the secondary percentage of so much of the earnings paid in the tax week, in respect of the employment in question, as exceeds the current secondary threshold (or the prescribed equivalent).

F22

For the purposes of this Act the secondary percentage is F313.8 per cent; but that percentage is subject to alteration under sections 143 and 145 of the Administration Act.

3

Subsection (1) above is subject to—

a

regulations under section 6(6) above;

b

regulations under sections 116 to 120 below; and

c

sections 41 and 42A of the Pensions Act (reduced rates of Class 1 contributions for earners in contracted-out employment).