The Social Security (Contributions) (Re-rating and National Insurance Funds Payments) Order 2003 No. 963

Small earnings exception from Class 2 contributions

2.  In both section 11(4) of the Act(1) and section 11(4) of the Northern Ireland Act(2) (Class 2 contributions) for “£4,025” substitute “£4,095”.

(1)

Section 11 was amended by paragraph 12 of Schedule 3 to the Transfer Act and the figure in subsection (4) was last substituted by article 3 of S.I. 2002/830.

(2)

Section 11 was amended by paragraph 13 of Schedule 3 to the Transfer Order and the figure in subsection (4) was last substituted by article 3 of S.I. 2002/830.