ScheduleTransitional and consequential provision
I14Class 2 contributions
1
In the Social Security Contributions and Benefits Act 1992, omit section 11A (application of certain provisions of the Income Tax Acts in relation to Class 2 contributions under section 11(2)).
2
In the Social Security Contributions and Benefits (Northern Ireland) Act 1992, omit section 11A (application of certain provisions of the Income Tax Acts in relation to Class 2 contributions under section 11(2)).
3
The Social Security Administration Act 1992 is amended as follows.
4
In section 141 (annual review of contributions), in subsection (4)—
a
in paragraph (a), for “11(2) and (6)” substitute “11(6)”
, and
b
in paragraph (b)—
i
for “figures” substitute “figure”
, and
ii
omit “the lower profits threshold and as”.
5
In section 143 (power to alter contributions with a view to adjusting level of National Insurance Fund)—
a
in subsection (1)(c) for “11(2) and (6)” substitute “11(6)”
, and
b
in subsection (3)—
i
for “11(2) and (6)” substitute “11(6)”
, and
ii
for “lower profits threshold” substitute “small profits threshold”
.
6
In section 145 (power to alter primary and secondary contributions), in subsection (4)(a), for “11(2) and (6)” substitute “11(6)”
.
7
The amendments made by this paragraph come into force on 6 April 2024.