Article 5 Lower and upper limits for Class 4 contributions

In each of sections 15(3) and 18(1) of the Act^f1 and sections 15(3) and 18(1) of the Northern Ireland Act^f2 (Class 4 contributions recoverable under the Income Tax Acts and under regulations)—

(a)

for “£4,385” (lower limit) in each place where it appears, there shall be substituted “£4,535”; and

(b)

for “£27,820” (upper limit) there shall be substituted “£29,900”.

Annotations

Footnotes

f1: Section 15(3) was amended by Article 4 of S.I. 2000/755. Section 18(1) was amended by paragraph 18(2) of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc.) Act 1999 and by Article 4 of S.I. 2000/755.
f2: Section 15(3) was amended by Article 4 of S.I. 2000/755. Section 18(1) was amended by paragraph 18(2) of Schedule 3 to S.I. 1999/671 and by Article 4 of S.I. 2000/755.