[social security contributions]
 

Social security contributions (class ii)

self occupied & self employed persons
Calendar year 1993


Category

where annual net income of 1992 [1]

weekly rate of contributions
sp
exceeds lm 430 but does not exceed lm1,939 (this category is applicable only to single persons who are not self occupied)
Lm 4.90
sa
does not exceed lm 2,469
lm 6.20
sb
exceeds lm 2,469 but does not exceed lm2,999
lm 7.50
sc
exceeds lm 2,999 but does not exceed lm3,529
lm 8.80
sd
exceeds lm 3,529 but does not exceed lm4,059
lm 10.05
se
exceeds lm 4,059 but does not exceed lm4,799
lm 11.85
sf
exceeds lm 4,799
lm 14.20


[1] the annual net income indicated above should exclude maternity benefit, children's allowance and any ex-gratia pension payable under the Social Security Act 1987, Cap 318. The annual net income for the rating of class two contributions should be that of the calendar year immediately preceding the contribution year in which the contribution is being paid.

 

Due dates for payment
april 30 17 contributions
august 31 17 contributions
december 21 18 contributions

 

 

 
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