IE
S.I. No. 74/1974 - Social Welfare (Scale of Pay-Related Contributions) Regulations, 1974.
Statutory Text (3 Articles)
1. These Regulations may be cited as the Social Welfare (Scale of Pay-Related Contributions) Regulations, 1974, and shall come into operation on the 6th day of April, 1974.
2. Where a payment of reckonable earnings is made to or for the benefit of an employed Contributor, any fraction of a pound in that payment may be disregarded in calculating the amount of pay-related contributions payable in respect of that payment and the amounts of the pay-related contributions payable by the employed contributor and the employer may be taken to be the amounts set out in columns 2 and 3, respectively, of the following Schedule opposite the number of pounds in that payment set out in column 1 of that Schedule.
SCHEDULE.
Scale of pay-related contributions chargeable on each payment of reckonable earnings less fractions of a pound.
Column 1
Earnings
Column 2
Employee's Contribution
Column 3
Employer's Contribution
Column 1
Earnings
Column 2
Employee's Contribution
Column 3
Employer's Contribution
Column 1
Earnings
Column 2
Employee's Contribution
Column 3
Employer's Contribution
£
£
£
£
£
£
£
£
£
1
0·01
0.02
35
0·35
0·70
68
0·68
1·36
2
0·02
0·04
36
0·36
0·72
69
0·69
1·38
3
0·03
0·06
37
0·37
0·74
70
0·70
1·40
4
0·04
0·08
38
0·38
0·76
71
0·71
1·42
5
0·05
0·10
39
0·39
0·78
72
0·72
1·44
6
0·06
0·12
40
0·40
0·80
73
0·73
1·46
7
0·07
0·14
41
0·41
0·82
74
0·74
1·48
8
0·08
0·16
42
0·42
0·84
75
0·75
1·50
9
0·09
0·18
43
0·43
0·86
76
0·76
1·52
10
0·10
0·20
44
0·44
0·88
77
0·77
1·54
11
0·11
0·22
45
0·45
0·90
78
0·78
1·56
12
0·12
0·24
46
0·46
0·92
79
0·79
1·58
13
0·13
0·26
47
0·47
0·94
80
0·80
1·60
14
0·14
0·28
48
0·48
0·96
81
0·81
1·62
15
0·15
0·30
49
0·49
0·98
82
0·82
1·64
16
0·16
0·32
50
0·50
1·00
83
0·83
1·66
17
0·17
0·34
51
0·51
1·02
84
0·84
1·68
18
0·18
0·36
52
0·52
1·04
85
0·85
1·70
19
0·19
0·38
53
0·53
1·06
86
0·86
1·72
20
0·20
0·40
54
0·54
1·08
87
0·87
1·74
21
0·21
0·42
55
0·55
1·10
88
0·88
1·76
22
0·22
0·44
56
0·56
1·12
89
0·89
1·78
23
0·23
0·46
57
0·57
1·14
90
0·90
1·80
24
0·24
0·48
58
0·58
1·16
91
0·91
1·82
25
0·25
0·50
59
0·59
1·18
92
0·92
1·84
26
0·26
0·52
60
0·60
1·20
93
0·93
1·86
27
0·27
0.54
61
0·61
1·22
94
0·94
1·88
28
0·28
0·56
62
0·62
1·24
95
0·95
1·90
29
0·29
0·58
63
0·63
1·26
96
0·96
1·92
30
0·30
0·60
64
0·64
1·28
97
0·97
1·94
31
0·31
0·62
65
0·65
1·30
98
0·98
1·96
32
0·32
0·64
66
0·66
1·32
99
0·99
1·98
33
0·33
0·66
67
0·67
1·34
100
1·00
2·00
34
0·34
0·68
GIVEN under the Official Seal of the Minister for Social Welfare
this 22nd day of March, 1974.
BRENDAN CORISH,
Minister for Social Welfare.
EXPLANATORY NOTE.
These Regulations provide that fractions of a pound in reckonable earnings may be disregarded in calculating pay-related contributions and prescribe the amounts of pay-related contributions payable by employees and employers in respect of specified amounts of reckonable earnings.
S.I. No. 74 of 1974.
SOCIAL WELFARE (SCALE OF PAY-RELATED CONTRIBUTIONS) REGULATIONS, 1974.
The Minister for Social Welfare, in exercise of the powers conferred on him by
section 3
of the
Social Welfare Act, 1952
(No. 11 of 1952) and by sections 9 and 15 of the Social Welfare (Pay-Related Benefit) Act, 1973 (No. 2 of 1973) hereby makes the following Regulations:—