Rate of and small earnings exception from Class 2 contributions
This section has no associated Explanatory Memorandum
2. In section 11 of the Act(1) and the Northern Ireland Act(2) (Class 2 contributions)—
(a)in subsection (1) for “£2.65” substitute “£2.70”; and
(b)in subsection (4) (small earnings exception) for “£5,595” substitute “£5,725”.
(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. 2012/807. The figure in subsection (4) was last substituted by article 2(b) of S.I. 2012/807.
(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. 2012/807. The figure in subsection (4) was last substituted by article 2(b) of S.I. 2012/807.