The Social Security (Contributions) (Re-rating and National Insurance Funds Payments) Order 2006
This Order increases the rate of Class 3 contributions specified in section 13(1) of the Social Security Contributions and Benefits Act 1992 (c. 4: “the Act”) from £7.35 to £7.55. It also increases the amount of earnings specified in section 11(4) of the Act, below which an earner may be excepted from liability for Class 2 contributions from £4,345 to £4,465 (Articles 2 and 3).