Social Security (Contributions) (Re-rating) Order 2008

Implementation date: 6 April 2008

The Order increases the rates of Class 2 and Class 3 contributions specified in the Social Security Contributions and Benefits Act 1992, sections 11(1) and 13(1) from £2.20 to £2.30 and from £7.80 to £8.10. It also increases the amount of earnings specified in section 11(4), below which an earner may be excepted from liability for Class 2 contributions from £4,635 to £4,825 (Articles 2 and 3).

The Order also increases, from £5,225 to £5,435 and from £34,840 to £40,040 respectively, the lower and upper limits of profits specified in sections 15 and 18, between which Class 4 contributions are payable at the main Class 4 percentage rate (Article 4).

Articles 2 to 4 of the Order make provision for Northern Ireland corresponding to that in the preceding two paragraphs.

The Order can be viewed on the OPSI website.