Social Security Pensions (Low Earnings Threshold) Order 2004 comes into force

Implementation date: 6 April 2004

The Order provides that the low earnings threshold for the tax years following 2003-2004 shall be £11,600. The threshold for the tax year 2003-2004 was £11,200. The low earnings threshold is the amount by reference to which the three surplus earnings bands are determined for the purpose of calculating the additional pension (the state second pension) in a state retirement pension. The Order can be viewed on the OPSI website.
More from XpertHR on this item: XpertHR reference manual