[social security contributions]
 

Social security contributions (class ii)

self occupied & self employed persons
Calendar year 1997


Category

where annual net income of 1996 [1]

weekly rate of contributions
1 jan - 31 mar
weekly rate of contributions
1 apr - 31 dec
sp
exceeds lm 430 but does not exceed lm 2,212 (this category is applicable only to single persons who are not self occupied)
lm 5.77
lm 5.80
sa
is less than lm 2,820
lm 7.37
lm 7.40
sb
exceeds lm 2,820 but does not exceed lm3,350
lm 8.67
lm 8.70
sc
exceeds lm 3,350 but does not exceed lm3,880
lm 9.97
lm 10.00
sd
exceeds lm 3,880 but does not exceed lm4,410
lm 11.22
lm 11.25
se
exceeds lm 4,410 but does not exceed lm5,150
lm 13.02
lm 13.05
sf
exceeds lm 5,150
lm 15.37
lm 15.40


[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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