I12Increase in lower limit of profits for Class 4 contributions
1
In sections 15(3)(a) and 18(1)(c) and (1A)(a) of—
a
the Social Security Contributions and Benefits Act 1992, and
b
the Social Security Contributions and Benefits (Northern Ireland) Act 1992,
for “£9,880” (the lower limit of profits) substitute “£11,908”
.
2
The amendments made by subsection (1) are treated as having come into force on 6 April 2022.
3
In those sections, for “£11,908” (as substituted by subsection (1)) substitute “£12,570”.
4
The amendments made by subsection (3) come into force on 6 April 2023.