Article 2 Weekly earnings figures and appropriate percentage rates for secondary earnings brackets

(1)

Section 4 of the Act (incidence of Class 1 contributions) shall be amended in accordance with the provisions of this article.

(2)

In subsection (6E)^f1 (secondary earnings brackets)—

(a)

for the figure £79.99 specified in respect of Bracket 1 there shall be substituted the figure £84.99 and for the percentage rate figure 5 there shall be substituted the figure 4.6;

(b)

for the figures £80.00 and £124.99 specified in respect of Bracket 2 there shall be substituted respectively the figures £85.00 and £129.99 and for the percentage rate figure 7 there shall be substituted the figure 6.6;

(c)

for the figures £125.00 and £174.99 specified in respect of Bracket 3 there shall be substituted respectively the figures £130.00 and £184.99 and for the percentage rate figure 9 there shall be substituted the figure 8.6;

(d)

for the figure £175.00 specified in respect of Bracket 4 there shall be substituted the figure £185.00 and for the percentage rate figure 10.45 there shall be substituted the figure 10.4.

Annotations

Footnotes

f1: See S.I. 1990/321, article 2(2).