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The Social Security (Contributions) (Re-rating) Consequential Amendment Regulations 2008
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- 2008 No. 703
- Explanatory Note
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EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations amend the Social Security (Contributions) Regulations 2001 (“the principal Regulations”). They are made in consequence of the annual up-rating order under section 141 of the Social Security Administration Act 1992 and section 129 of the Social Security Administration (Northern Ireland) Act 1992.
Regulation 2 amends regulation 125(c) of the principal Regulations by altering the special rate of any Class 2 contributions payable by share fishermen from £2.85 to £2.95.
An impact assessment has not been produced for this instrument as it has no impact on business, charities or voluntary bodies.
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