Lower and upper earnings limits and earnings threshold7

For the purposes of section 5(1) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (earnings limits and earnings threshold for Class 1 contributions), for the year which begins on 6th April 1999—

a

the lower earnings limit (for primary Class 1 contributions) for that year shall be £66;

b

the upper earnings limit (for primary Class 1 contributions) for that year shall be £500;

c

the earnings threshold (for secondary Class 1 contributions) for that year shall be—

i

£83 per week where the earnings period is a week;

ii

£361 per month where the earnings period is a month;

iii

£4,335 per year where the earnings period is a year.