The Social Security (Contributions) (Re-rating and Northern Ireland National Insurance Fund Payments) Order (Northern Ireland) 1994

Amount of, and lower and upper limits for, Class 4 contributions

5.  In sections 15(3) and 18(1) of the Act(1) (Class 4 contributions recoverable under the Income Tax Acts and under regulations)—

(a) for “6·3 per cent.” (amount of contribution) there shall be substituted in each of those sections “7·3 per cent.”;

(b) for “£6,340” (lower limit) wherever it appears there shall be substituted in each of those sections “£6,490”;

(c) for “£21,840” (upper limit) there shall be substituted in each of those sections “£22,360”.

(1)

Sections 15(3) and 18(1) were amended by Article 5 of S.R. 1993 No. 60