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

Implementation date: 6 April 2007

The Order increases the rate of Class 2 and Class 3 contributions from £2.10 to £2.20 and from £7.55 to £7.80. It also increases the amount of earnings below which an earner may be excepted from liability for Class 2 contributions from £4,465 to £4,635. The Order can be viewed on the OPSI website.