The Social Security (Contributions) (Re-rating and National Insurance Funds Payments) Order 2002 No. 830

Small earnings exception from Class 2 contributions

3.  In both section 11 of the Act(1) and section 11 of the Northern Ireland Act(2) (Class 2 contributions) in subsection (4) (small earnings exception) for “£3,955” substitute “£4,025”.

(1)

Section 11 was amended by paragraph 12 of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc.) Act 1999, and the figure in subsection (4) was last amended by Article 3 of S.I. 2001/477.

(2)

Section 11 was amended by paragraph 13 of Schedule 3 to S.I. 1999/671 and the figure in subsection (4) was last amended by Article 3 of S.I. 2001/477.