Alteration of reduced rates of Class 1 contributions for salary related contracted-out schemes – Northern Ireland
5. (1) This article applies for the purposes of section 37 of the Northern Ireland Act (reduced rates of Class 1 contributions).
(2) In section 37(1A) of the Northern Ireland Act (reduced rates of primary Class 1 contributions) for “1.6 per cent” substitute “1.4 per cent”.
(3) In section 37(1B) of the Northern Ireland Act (reduced rates of secondary Class 1 contributions) for “3.7 per cent” substitute “3.4 per cent”.
Section 37(1B) was inserted by paragraph 95 of Schedule 6 to the Social Security (Northern Ireland) Order 1998 (S.I.1998/1506) (N.I. 10) (“the 1998 Order”), substituted by paragraph 6(3) of Schedule 10 to the WRAP Act and amended by article 4 of S.I. 2006/1009.