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The Social Security (Contributions) (Amendment) Regulations 2005

S.I. 2005/166 · Made 1 February 2005

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

SOCIAL SECURITY

Made 1st February 2005

Laid before Parliament 1st February 2005

Coming into force 6th April 2005

The Treasury, in exercise of the powers conferred upon them by sections 5, 122(1) and 175(3) and (4) of the Social Security Contributions and Benefits Act 1992f1 and sections 5, 121(1) and 171(3), (4) and (10) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992f2 make the following Regulations:

Annotations to the whole text

Footnotes

f1

1992 c. 4; section 5 was substituted by paragraph 1 of Part 1 of Schedule 9 to the Welfare Reform and Pensions Act 1999 (c. 30). Section 122(1) is cited because of the meaning given to “prescribe”. Section 175(4) was substituted by paragraph 29(4) of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc) Act 1999 (c. 2).

f2

1992 c. 7; section 5 was substituted by paragraph 1 of Part 1 of Schedule 10 to the Welfare Reform and Pensions Act 1999. Section 121(1) is cited because of the meaning given to “prescribe”. Section 171(10) was substituted by paragraph 28(3) of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc.) (Northern Ireland) Order 1999 (S.I. 1999/671).

Contents

  1. 1Citation and commencement
  2. 2Amendments to the Social Security (Contributions) Regulations 2001
  3. 3Amendments to the Social Security (Contributions) Regulations 2001
  4. 4Amendments to the Social Security (Contributions) Regulations 2001
  5. Signature
  6. Explanatory note

1Citation and commencement

(1)

These Regulations may be cited as the Social Security (Contributions) (Amendment) Regulations 2005.

(2)

These Regulations shall come into force on 6th April 2005.

2Amendments to the Social Security (Contributions) Regulations 2001

The Social Security (Contributions) Regulations 2001f1 are amended as follows.

3Amendments to the Social Security (Contributions) Regulations 2001

Amend regulation 10 (earnings limits and thresholds)f1 as follows—

(a)

for “2004” substitute “2005”;

(b)

in paragraph (a) for “£79” substitute “£82”;

(c)

in paragraph (b) for “£610” substitute “£630”; and

(d)

in paragraphs (c) and (d) for “£91” substitute “£94”.

4Amendments to the Social Security (Contributions) Regulations 2001

Amend regulation 11(3) (prescribed equivalents)( ) as follows -

(a)

in paragraph (a) for “£395” substitute “£408”; and

(b)

in paragraph (b) for “£4,745” substitute “£4,895”.

Signature

Nick Ainger

Joan Ryan

Two of the Lords Commissioners of Her Majesty’s Treasury

1st February 2005

Explanatory note

(This note is not part of the Regulations)

These Regulations amend the Social Security (Contributions) Regulations 2001 (S.I. 2001/1004: “the principal Regulations”).

Regulation 1 provides for the citation and commencement of the Regulations.

Regulation 2 introduces the changes made to the principal Regulations.

Regulation 3 amends regulation 10 of the principal Regulations to specify the levels of the lower and upper earnings limits for primary Class 1 contributions and the primary and secondary thresholds for primary and secondary Class 1 contributions for the tax year beginning 6th April 2005.

Regulation 4 amends regulation 11(3) of the principal Regulations to provide for the equivalents of the primary and secondary thresholds where the earnings period is a month or a year.

These regulations do not impose any new costs on business.