National Insurance Contributions Act 2008

From Wikipedia, the free encyclopedia

Long titleAn Act to make provision in connection with the upper earnings limit for national insurance contributions (including in particular provision about the upper accrual point).
Introduced byAlistair Darling (Commons)
Lord McKenzie of Luton[2] (Lords)
Royal assent21 July 2008
National Insurance Contributions Act 2008[1]
Act of Parliament
coat of arms
Long titleAn Act to make provision in connection with the upper earnings limit for national insurance contributions (including in particular provision about the upper accrual point).
Citation2008 c. 16
Introduced byAlistair Darling (Commons)
Lord McKenzie of Luton[2] (Lords)
Dates
Royal assent21 July 2008
History of passage through Parliament
Text of statute as originally enacted
Revised text of statute as amended

The National Insurance Contributions Act 2008[1] (c. 16) is an act of the Parliament of the United Kingdom which amends the law in relation to National insurance contribution.

The act harmonised the National Insurance upper earnings limit with the threshold for higher rate income tax.[3] The Government described the legislation as creating one of the simplest personal tax structures among developed countries.[4]

Reception

The Conservative spokesperson, David Gauke, criticised the legislation for in his view, leading to individuals paying more in national insurance contributions, but not receiving additional benefit as a consequence.[5]

Commencement

References

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