Amendments to the Social Security (Contributions) Regulations 2001
This section has no associated Explanatory Memorandum
5. In regulation 11 (prescribed equivalents)—
(a)in paragraph (1)—
(i)in the introductory words for “and the primary and secondary thresholds” substitute “, the primary and secondary thresholds and the upper secondary thresholds”; and
(ii)in sub-paragraph (a)—
(aa)for “and 9(1)” substitute “9(1), 9A(9), and 9B(6)”; and
(bb)for “and the calculation of secondary Class 1 contributions” substitute “, the calculation of secondary Class 1 contributions, the calculation of secondary Class 1 contributions in relation to the Under 21 age group and the calculation of secondary Class 1 contributions in relation to relevant apprentices”;
(b)in paragraph (2A)—
(i)in sub-paragraph (a) for “£3,532” substitute “£3,583”; and
(ii)in sub-paragraph (b) for “£42,385” substitute “£43,000”;
(c)in paragraph (3B)—
(i)in sub-paragraph (a) for “£3,532” substitute “£3,583”; and
(ii)in sub-paragraph (b) for “£42,385” substitute “£43,000”;
(d)after sub-paragraph (3B) insert—
“(3C) Subject to paragraphs (4) and (5), the prescribed equivalents of the upper secondary threshold for secondary Class 1 contributions in relation to relevant apprentices shall be—
(a)where the earnings period is a month, £3,583;
(b)where the earnings period is a year, £43,000;
(c)where the earnings period is a multiple of a week, the amount calculated by dividing the figure in sub-paragraph (b) by 52 and multiplying the result by the corresponding multiple;
(d)where the earnings period is a multiple of a month, the amount calculated by dividing the figure in sub-paragraph (b) by 12 and multiplying the result by the corresponding multiple;
(e)in any other case, the amount calculated by dividing the figure in sub-paragraph (b) by 365 and multiplying the result by the number of days in the earnings period concerned.”;
(e)in paragraph (4), for “ and paragraph (3B)(c) and (d)” substitute “, paragraph (3B)(c) and (d) and paragraph (3C)(c) and (d)”; and
(f)in paragraph (5), for “ and paragraph (3B)(e)” substitute “, paragraph (3B)(e) and paragraph (3C)(e)”.