PART 2Rates, limits and thresholds for National Insurance contributions

Amendments to the Social Security (Contributions) Regulations 20016

1

The Social Security (Contributions) Regulations 200119 are amended as follows.

2

In regulation 10 (earnings limits and thresholds)—

a

in the introductory words, for “2020” substitute “2021”;

b

in paragraphs (b) (upper earnings limit: primary Class 1 contributions), (e) (upper secondary threshold: under 21 group secondary Class 1 contributions) and (f) (upper secondary threshold: apprentices secondary Class 1 contributions) for “£962” substitute “£967”;

c

in paragraph (c) (primary threshold: primary Class 1 contributions) for “£183” substitute “£184”; and

d

in paragraph (d) (secondary threshold: secondary Class 1 contributions) for “£169” substitute “£170”.

3

In regulation 11 (prescribed equivalents)—

a

in paragraphs (2A) (upper earnings limit), (3B) (upper secondary threshold: under 21 age group) and (3C) (upper secondary threshold: apprentices)—

i

in sub-paragraph (a) for “£4,167” substitute “£4,189”; and

ii

in sub-paragraph (b) for “£50,000” substitute “£50,270”;

b

in paragraph (3) (primary threshold)—

i

in sub-paragraph (a) for “£792” substitute “£797”; and

ii

in sub-paragraph (b) for “£9,500” substitute “£9,568”;

c

in paragraph (3A) (secondary threshold)—

i

in sub-paragraph (a) for “£732” substitute “£737”; and

ii

in sub-paragraph (b) for “£8,788” substitute “£8,840”.