Social Security (Contributions) (Re-rating and National Insurance Funds Payments) Order 2006 comes into force

Implementation date: 6 April 2006

The Order increases the rates of Class 3 contributions from £7.35 to £7.55. It also increases the amount of earnings below which an earner may be excepted from liability for Class 2 contributions from £4,345 to £4,465. The Order can be viewed on the OPSI website.
More from XpertHR on this item: XpertHR statutory rates