# The Social Security (Contributions) (Re-rating and National Insurance Fund Payments) Order 1996, Article 5: Percentage rate and lower and upper limits for Class 4 contributions


In section 15(3) and section 18(1) of the Act (Class 4 contributions recoverable under the Income Tax Acts and under regulations)
(a) for the percentage rate figure “7.3 per cent.” in both places where it appears there shall be substituted the figure “6 per cent.”;
(b) for the figure “£6,640” (lower limit) in each place where it appears there shall be substituted the figure “£6,860”;
(c) for the figure “£22,880” (upper limit) in both places where it appears there shall be substituted the figure “£23,660”.

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Source: https://www.legislation.gov.uk/uksi/1996/597/article/5 (the official version)
Page: https://openlegislation.uk/social-security-contributions-re-rating-and-national-insurance-fund-payments-order-1996/article-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.