Statutory Instruments
2012 No. 573
Social Security
The Social Security (Contributions) (Amendment) Regulations 2012
Made
28th February 2012
Laid before Parliament
29th February 2012
Coming into force
26th March 2012
The Treasury make the following Regulations in exercise of the powers conferred by sections 19(1) and (5A) and 175(3) of the Social Security Contributions and Benefits Act 1992( 1 ) and sections 19(1) and (5A) and 171(3) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992( 2 ) and now exercisable by them.
Citation, commencement and effect
1. —(1) These Regulations may be cited as the Social Security (Contributions) (Amendment) Regulations 2012 and come into force on 26th March 2012.
(2) The amendments made by regulation 2 shall have effect in relation to contributions paid in respect of the tax year 2011-12 and subsequent tax years.
Amendment of the Social Security (Contributions) Regulations 2001
2. —(1)The Social Security (Contributions) Regulations 2001( 3 ) are amended as follows.
(2) In regulation 21 (annual maxima for those with more than one employment)—
(a) in paragraph (2)—
(i) in Step Two for “11 per cent” substitute “12 per cent”;
(ii) in Step Five for “1 per cent” substitute “2 per cent”;
(iii) in Step Seven for “1 per cent” substitute “2 per cent”; and
(b) in paragraph (3) for “11 per cent” substitute “12 per cent”.
(3) In regulation 100 (annual maxima of Class 4 contributions due under section 15 of the Social Security Contributions and Benefits Act)—
(a) in paragraph (3)—
(i) in Step Two for “8 per cent” substitute “9 per cent”;
(ii) in Step Five for “ 
(iii) in Step Eight for “1 per cent” substitute “2 per cent”;
(iv) in Step Nine for “1 per cent” substitute “2 per cent”; and
(b) in paragraph (4) for “11 per cent” substitute “12 per cent”.
Michael Fabricant
Angela Watkinson
Two of the Lords Commissioners of Her Majesty’s Treasury
28th February 2012
1992 c.4 . Section 19(1) was amended by paragraph 5(2) of Schedule 1 to the National Insurance Contributions Act 2002 (c. 19) (the “Contributions Act”), and subsection (5A) was inserted by paragraph 19(2) of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2) .
1992 c.7 . Section 19(1) was amended by paragraph 24(2) of Schedule 1 to the Contributions Act and subsection (5A) was inserted by paragraph 19(2) of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc.) (Northern Ireland) Order 1999 ( S.I. 1999/671 ).
S.I. 2001/1004 , amended by S.I. 2003/193 ; there are other amending instruments but none is relevant.