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 “2021” substitute “2022”;

b

in paragraph (a) (lower earnings limit: primary Class 1 contributions) for “£120” substitute “£123”;

c

in paragraph (c) (primary threshold: primary Class 1 contributions) for “£184” substitute “£190”; and

d

in paragraph (d) (secondary threshold: secondary Class 1 contributions) for “£170” substitute “£175”.

3

In regulation 11 (prescribed equivalents)—

a

in paragraph (3) (primary threshold)—

i

in sub-paragraph (a) for “£797” substitute “£823”; and

ii

in sub-paragraph (b) for “£9,568” substitute “£9,880”;

b

in paragraph (3A) (secondary threshold)—

i

in sub-paragraph (a) for “£737” substitute “£758”; and

ii

in sub-paragraph (b) for “£8,840” substitute “£9,100”.