The Social Security (Contributions) (Re-rating) Order 2009

• Citation: S.I. 2009/593
• Sections: 4

Section 1 Citation, commencement and interpretation

(1) This Order may be cited as the Social Security (Contributions) (Re-rating) Order 2009 and shall come into force on 6th April 2009.

(2) In this Order—

“ the Act ” means the Social Security Contributions and Benefits Act 1992; and

“the Northern Ireland Act ” means the Social Security Contributions and Benefits (Northern Ireland) Act 1992 .

Section 2 Rate of and small earnings exception from Class 2 contributions

In both section 11 of the Act and section 11 of the Northern Ireland Act (Class 2 contributions)—

(a) in subsection (1) for “£2.30” substitute “£2.40”; and

(b) in subsection (4) (small earnings exception) for “£4,825” substitute “£5,075”.

Section 3 Amount of Class 3 contributions

In both section 13(1) of the Act and section 13(1) of the Northern Ireland Act (amount of Class 3 contributions) for “£8.10” substitute “£12.05”.

Section 4 Lower and upper limits for Class 4 contributions

In each of sections 15(3), 18(1) and 18(1A) of the Act and sections 15(3), 18(1) and 18(1A) of the Northern Ireland Act (Class 4 contributions recoverable under the Income Tax Acts and under regulations)—

(a) for “£5,435” (lower limit) in each place where it appears, substitute “£5,715”; and

(b) for “£40,040” (upper limit) in each place where it appears, substitute “£43,875”.