# The Social Security (Contributions) (Amendment No. 3) Regulations 2006, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations amend the Social Security (Contributions) Regulations 2001 (S.I. 2001/1004).
Regulation 1 provides for the citation and commencement of these Regulations.
Regulation 2 amends paragraph 7(3) of Part 5 of Schedule 3 to the 2001 Regulations by increasing the maximum value of E from £50 to £55. The effect is to increase the maximum value of childcare vouchers which may be disregarded in computing an earner’s earnings for the purposes of Class 1 National Insurance contributions.
These Regulations do not impose new costs on business.

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Source: https://www.legislation.gov.uk/uksi/2006/883/note (the official version)
Page: https://openlegislation.uk/social-security-contributions-amendment-no-3-regulations-2006/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.