# The Social Security (Contributions) (Limits and Thresholds Amendments and National Insurance Funds Payments) Regulations 2016, Regulation 6: Prescribed percentage of estimated benefit expenditure – Great Britain


Section 2(2) of the Social Security Act 1993 (payments into National Insurance Fund out of money provided by Parliament) has effect with respect to the tax year 2016-17 and the prescribed percentage of estimated benefit expenditure for the financial year ending with 31st March in that tax year shall be 5 per cent.

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Source: https://www.legislation.gov.uk/ukdsi/2016/9780111143056/regulation/6 (the official version)
Page: https://openlegislation.uk/draft-social-security-contributions-limits-and-thresholds-amendments-and-national-insurance-funds-payments-regulations-2016/regulation-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.