# The Social Security (Contributions) Regulations 2001, Regulation 39: Calculation of Class 1A contributions


Where a person is liable to pay a Class 1A contribution in accordance with section 10 of the Act (Class 1A contributions: benefits in kind, etc) the amount of that contribution shall be calculated to the nearest penny, and any amount of a halfpenny or less shall be disregarded.

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Source: https://www.legislation.gov.uk/uksi/2001/1004/regulation/39 (the official version)
Page: https://openlegislation.uk/social-security-contributions-regulations-2001/regulation-39
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.