2013 No. 558

Social Security

The Social Security (Contributions) (Limits and Thresholds) (Amendment) Regulations 2013

Made

Coming into force

These Regulations are made by the Treasury in exercise of the powers conferred by sections 5(1) and (4) to (6) and 175(3) of the Social Security Contributions and Benefits Act 1992 (“the Contributions Act”)1 and sections 5(1) and (4) to (6) and 171(3) and (10) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (“the Northern Ireland Contributions Act”)2.

A draft of this instrument was laid before Parliament in accordance with section 176(1)(za) and (zb)3 of the Contributions Act and section 172(11ZA) and (11ZB)4 of the Northern Ireland Contributions Act and approved by a resolution of each House of Parliament.

Citation and commencement1

These Regulations may be cited as the Social Security (Contributions) (Limits and Thresholds) (Amendment) Regulations 2013 and come into force on 6th April 2013.

Amendments to the Social Security (Contributions) Regulations 2001

2

The Social Security (Contributions) Regulations 20015 are amended as follows.

3

In regulation 10 (earnings limits and thresholds)—

a

for “2012” substitute “2013”;

b

in paragraph (a) (lower earnings limit: primary Class 1 contributions) for “£107” substitute “£109”;

c

in paragraph (b) (upper earnings limit: primary Class 1 contributions) for “£817” substitute “£797”;

d

in paragraph (c) (primary threshold: primary Class 1 contributions) for “£146” substitute “£149”; and

e

in paragraph (d) (secondary threshold: secondary Class 1 contributions) for “£144” substitute “£148”.

4

In regulation 11 (prescribed equivalents)—

a

in paragraph (2A)—

i

in sub-paragraph (a) for “£3,540” substitute “£3,454”; and

ii

in sub-paragraph (b) for “£42,475” substitute “£41,450”;

b

in paragraph (3)—

i

in sub-paragraph (a) for “£634” substitute “£646”; and

ii

in sub-paragraph (b) for “£7,605” substitute “£7,755”;

c

in paragraph (3A)—

i

in sub-paragraph (a) for “£624” substitute “£641”; and

ii

in sub-paragraph (b) for “£7,488” substitute “£7,696”.

Desmond SwayneRobert GoodwillTwo of the Lords Commissioners of Her Majesty’s Treasury
EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations amend the Social Security (Contributions) Regulations 2001 (S.I. 2001/1004) (“the principal Regulations”).

Regulation 3 amends regulation 10 of the principal Regulations to specify the levels of the lower and upper earnings limits for primary Class 1 contributions and the primary and secondary thresholds for primary and secondary Class 1 contributions for the tax year beginning 6th April 2013.

Regulation 4 amends regulation 11 of the principal Regulations so as to provide for equivalents of the upper earnings limit, primary threshold and secondary threshold where the earnings period is a month or a year.

A Tax Information and Impact Note has not been prepared for this instrument as it gives effect to previously announced policy and it relates to routine changes to rates, limits and thresholds to a predetermined indexation formula.