[social security contributions]
 

Social security contributions (class ii)

self occupied & self employed persons
Calendar year 1998


Category

where annual net income of 1997 [1]
weekly rate of contributions
sp
exceeds lm 430 but does not exceed lm 2,290 (this category is applicable only to single persons who are not self occupied)
Lm 6.00
sa
is less than lm 2,898
lm 7.65
sb
exceeds lm 2,898 but does not exceed lm3,428
lm 8.95
sc
exceeds lm 3,428 but does not exceed lm3,958
lm 10.25
sd
exceeds lm 3,958 but does not exceed lm4,488
lm 11.50
se
exceeds lm 4,488 but does not exceed lm5,228
lm 13.30
sf
exceeds lm 5,228
lm 15.65


[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 18 contributions
december 21 17 contributions
 

 
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