National Insurance Contributions Act 2008
Jurisdiction | UK Non-devolved |
Citation | 2008 c. 16 |
in subsection (1) , omit the words from “which” to the end, andomit subsection (3) (amount to be specified as upper earnings limit) .(2) In section 176(1) of that Act (statutory instruments subject to the affirmative procedure) , after paragraph (za) insert—“ 2009-10 ” .(3) In section 44(7) (c) (category A retirement pension) , for “the flat rate introduction year” (in both places) substitute “ 2009-10 ” .in subsection (1) , for the definition of “the upper accrual point” substitute—This Act may be cited as the National Insurance Contributions Act 2008. (1) The Social Security Contributions and Benefits Act 1992 is amended as follows.(2) In section 22 (earnings factors) , after subsection (8) insert—“ subsections (3A) and ” .After subsection (3) insert—“ the applicable limit ” .After subsection (5) insert—“ the upper accrual point ” .Paragraph 1 of Schedule 1 (Class 1 contributions where earner employed in more than one employment) is amended as follows.in paragraph (b) , for “the current upper earnings limit” (in both places) substitute “ the upper accrual point ” ,after that paragraph insert—“ the upper accrual point ” , andafter that paragraph insert—“ the upper accrual point ” , and“if
- (zb) regulations under section 5 specifying the upper earnings limit;
- “(11ZB) A statutory instrument containing (whether alone or with other provisions) regulations under section 5 specifying the upper earnings limit shall not be made unless a draft of the instrument has been laid before and approved by resolution of each House of Parliament.
- “the upper accrual point” is £770;
- “(6A) The Treasury may by regulations prescribe an equivalent of the upper accrual point in relation to earners paid otherwise than weekly (and references in this or any other Act to “the prescribed equivalent”, in the context of the upper accrual point, are to the equivalent prescribed under this subsection in relation to such earners) .
- (6B) The power conferred by subsection (6A) includes power to prescribe an amount which exceeds by not more than £1 the amount which is the arithmetical equivalent of the upper accrual point.
- “(9) References in this Act or any other Act to earnings factors derived from so much of a person's earnings as do not exceed the upper accrual point or the upper earnings limit are to be read, in relation to earners paid otherwise than weekly, as references to earnings factors derived from so much of those earnings as do not exceed the prescribed equivalent.
- “(3A) For the purposes specified in section 22(2) (b) (additional pension) , subsection (3) (a) has effect in relation to 2009-10 and subsequent tax years as if the reference to the upper earnings limit were to the upper accrual point.
- “(5A) In subsection (1) (a) “the applicable limit” has the same meaning as in section 44.
- (ba) if paragraph (b) applies, the amount obtained by applying the main primary percentage referred to in paragraph (d) to such part of the aggregated earnings attributable to COMPS service as, when added to the APPS earnings (if any) , exceeds the upper accrual point and does not exceed the current upper earnings limit,
- (ca) if paragraph (c) applies, the amount obtained by applying the main primary percentage referred to in paragraph (d) to such part of the aggregated earnings attributable to COSRS service as, when added to the APPS earnings or the part attributable to COMPS service (or both) , exceeds the upper accrual point and does not exceed the current upper earnings limit,
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