Article 5 Percentage rate and lower and upper limits for Class 4 contributions

In both section 15(3) and section 18(1) of the Act (Class 4 contributions recoverable under the Income Taxes Acts and under regulations)^f1—

(a)

for the percentage rate “6.3 per cent.” there shall be substituted the percentage rate “7.3 per cent.”;

(b)

for the figure “£6,340”(lower limit) on each occasion where it appears there shall be substituted the figure “£6,490”;

(c)

for the figure “£21,840” (upper limit) there shall be substituted the figure “£22,360”.

Annotations

f1: Sections 15 and 18 were amended by article 5 of S.I. 1993/280 from 6th April 1993.