The Pensions (2008 Act) (Supplementary Provision) Order (Northern Ireland) 2010

Amendment of the Social Security (Reduced Rates of Class 1 Contributions, Rebates and Minimum Contributions) Order

4.—(1) The Social Security (Reduced Rates of Class 1 Contributions, Rebates and Minimum Contributions) Order 2006(1) is amended in accordance with paragraphs (2) and (3).

(2) In Article 7 (appropriate age-related percentages for appropriate personal pension schemes)—

(a) in paragraph (2) for “a relevant tax year” substitute “the tax years 2007-2008, 2008-2009 and 2009-2010”;

(b) after paragraph (5) insert—

“(5A) For the tax years 2010-2011 and 2011-2012, the appropriate age-related percentage in respect of earnings of an earner is determined in accordance with paragraph (5B) or (5C).

(5B) If the earnings do not exceed the low earnings threshold, the appropriate age-related percentage is the column B percentage.

(5C) If the earnings exceed the low earnings threshold, then—

(a) in respect of the part of the earnings that does not exceed the low earnings threshold, the appropriate age-related percentage is the column B percentage; and

(b) in respect of the part of the earnings that exceeds the low earnings threshold, the appropriate age-related percentage is the column C percentage.”;

(c) in paragraph (6) omit sub-paragraph (c);

(d) after paragraph (6) insert—

“(6A) For the tax years 2007-2008, 2008-2009 and 2009-2010, in respect of earnings of an earner, the column D percentage is the percentage given in column D of the appropriate table by reference to the age of the earner on the day immediately before the start of that tax year.”.

(3) In Schedules 5 and 6 (appropriate age-related percentages for appropriate personal pension schemes for the tax years 2010-2011 and 2011-2012), in so far as they relate to Article 7—

(a) in column C omit “but not exceeding upper earnings threshold”;

(b) omit column D.

(1)

S.I. 2006/1009; as amended by S.I. 2009/3094