[social security contributions]
 

Social security contributions (class ii)

self occupied & self employed persons
Calendar year 2000


Category

where annual net income of 1999 [1]
weekly rate of contributions
sp
exceeds lm 430 but does not exceed lm 2,433 (this category is applicable only to single persons who are not self occupied)
Lm 7.02
sa
is less than lm 3,041
lm 8.77
sb
exceeds lm 3,041 but does not exceed lm6,462
the weekly equivalent of 15% of their annual income calculated to the nearest cent.
sc
exceeds lm 6,462
lm 18.64


[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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