National Insurance Contributions (Rate Ceilings) Act 2015
National Insurance Contributions (Rate Ceilings) Act 2015
Independent editorial summary — not the official statute text. Read the official version on legislation.gov.uk.
Overview of the Act
Reproduced verbatim from the Explanatory Notes published with the Act on legislation.gov.uk (Crown Copyright, Open Government Licence v3.0). Explanatory Notes are prepared by the responsible government department and are not part of the Act.
The National Insurance Contributions (Rate Ceilings) Act 2015 provides that, for the duration of this Parliament, the rate of Class 1, Class 1A and Class 1B National Insurance contributions ("NICs") paid by employees, employers and third parties shall not exceed the current rates and the Upper Earnings Limit ("UEL") shall not exceed the Higher Rate Threshold (HRT) for income tax.
Type: UK Public General Act
Year and chapter: 2015 c. 35
Royal Assent: 2015-12-17
Last ingested: 2026-06-12 from legislation.gov.uk. Acts commence section by section — check the official text for commencement orders.