The Social Security (Contributions) (Re-rating and National Insurance Funds Payments) Order 2007 No. 1052

Rate of and small earnings exception from Class 2 contributions

2.  In both section 11 of the Act(1) and section 11 of the Northern Ireland Act(2) (Class 2 contributions)—

(a) in subsection (1) for “£2.10” substitute “£2.20”; and

(b) in subsection (4) (small earnings exception) for “£4,465” substitute “£4,635”.

(1)

Section 11 was amended by paragraph 12 of Schedule 3 to the Transfer Act. The figure in subsection (1) was last substituted by article 2(a) of S.I. 2005/878. The figure in subsection (4) was last substituted by article 2 of S.I. 2006/624.

(2)

Section 11 was amended by paragraph 13 of Schedule 3 to the Transfer Order. The figure in subsection (1) was last substituted by article 2(a) of S.I. 2005/878. The figure in subsection (4) was last substituted by article 2 of S.I. 2006/624.