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Article 4 Lower and upper limits for Class 4 contributions

Original text. Later amendments are not shown.

In sections 15(3) and 18(1) and (1A) of the Actf1 and the Northern Ireland Actf2 (Class 4 contributions recoverable under the Income Tax Acts and under regulations)—

(a)

for “£7,605” (lower limit) in each place where it appears substitute “£7,755”; and

(b)

for “£42,475” (upper limit) in each place where it appears substitute “£41,450”.

Annotations

Footnotes

f1

Section 15(3) was substituted by section 3(1) of the Contributions Act 2002 and was amended by paragraph 420(3) of Schedule 1 to the Income Tax (Trading and Other Income) Act 2005 (c. 5) (“ITTOIA 2005”). Section 18(1) was amended by paragraph 18(2) of Schedule 3 to the Transfer Act and by Schedule 2 to the Contributions Act 2002. Section 18(1A) was inserted by section 3(3) of the Contributions Act 2002. The amount of the lower limit in each of these provisions was last substituted by article 4 of S.I. 2012/807. The amount of the upper limit in each of those provisions was last substituted by article 4(b) of S.I. 2011/938.

f2

Section 15(3) was substituted by section 3(2) of the Contributions Act 2002 and was amended by paragraph 424 of Schedule 1 to ITTOIA 2005. Section 18(1) was amended by paragraph 18(2) of Schedule 3 to the Transfer Order and by Schedule 2 to the Contributions Act 2002. Section 18(1A) was inserted by section 3(4) of the Contributions Act 2002. The amount of the lower limit in each of these provisions was last substituted by article 4 of S.I. 2012/807. The amount of the upper limit in each of those provisions was last substituted by article 4(b) of S.I. 2011/938.