The Social Security (Contributions) (Rates, Limits and Thresholds Amendments and National Insurance Funds Payments) Regulations 2021

Amendments to the Social Security (Contributions) Regulations 2001

6.—(1) The Social Security (Contributions) Regulations 2001(1) are amended as follows.

(2) In regulation 10 (earnings limits and thresholds)—

(a) in the introductory words, for “2020” substitute “2021”;

(b) in paragraphs (b) (upper earnings limit: primary Class 1 contributions), (e) (upper secondary threshold: under 21 group secondary Class 1 contributions) and (f) (upper secondary threshold: apprentices secondary Class 1 contributions) for “£962” substitute “£967”;

(c) in paragraph (c) (primary threshold: primary Class 1 contributions) for “£183” substitute “£184”; and

(d) in paragraph (d) (secondary threshold: secondary Class 1 contributions) for “£169” substitute “£170”.

(3) In regulation 11 (prescribed equivalents)—

(a) in paragraphs (2A) (upper earnings limit), (3B) (upper secondary threshold: under 21 age group) and (3C) (upper secondary threshold: apprentices)—

(i) in sub-paragraph (a) for “£4,167” substitute “£4,189”; and

(ii) in sub-paragraph (b) for “£50,000” substitute “£50,270”;

(b) in paragraph (3) (primary threshold)—

(i) in sub-paragraph (a) for “£792” substitute “£797”; and

(ii) in sub-paragraph (b) for “£9,500” substitute “£9,568”;

(c) in paragraph (3A) (secondary threshold)—

(i) in sub-paragraph (a) for “£732” substitute “£737”; and

(ii) in sub-paragraph (b) for “£8,788” substitute “£8,840”.

(1)

S.I. 2001/1004; relevant amending instruments are S.I. 2009/111, 2011/940, 2015/577, 2016/343, 2019/262 and 2020/299.