Social Security (Contributions) Act 1981

JurisdictionUK Non-devolved
Citation1981 c. 1


Social Security(Contributions) Act 1981

1981 CHAPTER 1

An Act to make provision in connection with certain contributions payable under the Social Security Act 1975.

[29th January 1981]

Be it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—

S-1 Increase in contributions

1 Increase in contributions

(1) In regulation 7 of the Contributions Regulations (lower and upper earnings limits for Class 1 contributions), as amended by the Social Security (Contributions) (Earnings Limits) Amendment Regulations 1979 ,—

(a ) for the words ‘6th April 1980’ there are substituted the words ‘6th April 1981’; and

(b ) for ‘23.00’ and ‘165.00’ there are substituted, respectively, ‘27’ and ‘200’.

(2) In section 4(6)(a ) of the principal Act (amount of primary Class 1 contribution) for the words ‘6.75 per cent.’ there are substituted the words ‘7.75 per cent.’.

(3) In regulation 104 of the Contributions Regulations (reduced rate Class 1 contribution of married women and widows) for the words ‘2 per cent.’ there are substituted the words ‘2.75 per cent.’.

(4) In section 7 of the principal Act (amount of Class 2 contribution)—

(a ) in subsection (1) (weekly rate) for ‘2.50’ there is substituted ‘3.40’;

(b ) in subsection (5) (small earnings exception) for ‘1,250’ there is substituted ‘1,475’.

(5) In regulation 98(c ) of the Contributions Regulations (amount of Class 2 contribution of share fishermen), as amended by the Social Security (Contributions, Re-rating) Consequential Amendment Regulations 1980 , for ‘3.90’ there is substituted ‘5.15’.

(6) In section 8(1) of the principal Act (amount of Class 3 contribution) for ‘2.40’ there is substituted ‘3.30’.

(7) In sections 9(2) and 10(1) of the principal Act (Class 4 contributions recoverable under Tax Acts and regulations)—

(a ) for the words ‘5 per cent.’ (amount of contribution) there are substituted, in each case, the words ‘5.75 per cent.’;

(b ) for ‘2,650’ (lower limit) wherever that amount appears there is substituted ‘3,150’;

(c ) for ‘8,300’ (upper limit) there is substituted, in each case, ‘10,000’.

S-2 Alteration of Treasury Supplement to contributions.

2 Alteration of Treasury Supplement to contributions.

(1) In section 1(5) of the principal Act (Treasury supplement to contributions to be a fixed percentage of so much of all contributions paid in the year concerned as remains after deducting the appropriate national health service allocation and the appropriate employment protection allocation) for the words ‘18 per cent.’ there are substituted the words ‘14.5 per cent.’.

(2) After subsection (5) of section 1 of the principal Act there is inserted the following subsection—

(5A) The Secretary of State may, with the consent of the Treasury, by order amend subsection (5) above in relation to any tax year beginning after the tax year 1981-82 by substituting for the percentage for the time being specified in subsection (5) a different percentage; but no such order shall substitute a figure which represents an increase or decrease in the...

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