Section 1 — Reduction of Class 1 main primary percentage

Extent: E+W+S+N.I.

This version in force from 2023-12-18

Snapshot: 2026-08-24

Reproduced from legislation.gov.uk (Crown Copyright, Open Government Licence v3.0). Amendments made after 2026-08-24 may not be reflected — always check the official text .

(1) In the Social Security Contributions and Benefits Act 1992, in section 8(2)(a) (main primary percentage), for “12 per cent” substitute “10%”.

(2) In the Social Security Contributions and Benefits (Northern Ireland) Act 1992, in section 8(2)(a) (main primary percentage), for “12 per cent” substitute “10%”.

(3) In regulation 131 of the Social Security (Contributions) Regulations 2001—

(a) omit “On and after 6th April 2011”, and

(b) for “5.85 per cent” substitute “3.85%”.

(4) The amendments made by this section come into force on 6 January 2024.