Lower Earnings Limit definition

Lower Earnings Limit means, subject to the Third Schedule, for each financial year , the amount gazetted by the Cabinet Secretary from time to time as the average statutory minimum monthly basic wage for the top urban centres, second tier urban centres and rural areas for the year;
Lower Earnings Limit means the annual equivalent of that amount as specified in regulations made pursuant to Section 5 of the Social Security Contributions and Benefits Act 1992.
Lower Earnings Limit means the amount specified for the tax year in question in regulations made under section 5(1)(a)(i) of the Social Security Contributions and Benefits Act 19929 (earnings limits and thresholds for Class 1 contributions);

Examples of Lower Earnings Limit in a sentence

  • Information about you will also be collected automatically by CCTV on the premises if you visit.

  • If you have at least 26 weeks’ service by the end of the 15th week before your child is expected to be born, you may be entitled to Statutory Maternity Pay (SMP), provided your average weekly earnings are at or above the Lower Earnings Limit for National Insurance.

  • Both the director and the company are liable for Class 1, that is, employed-earners NICs when the director’stotal earnings reach the Lower Earnings Limit (LEL).

  • OMP Occupational Maternity Pay LEL Lower Earnings Limit MATB1 form A Maternity certificate issued from your midwife or medical practitioner confirming that you are pregnant and your EWC.

  • In order to qualify for SSP the staff member must: • Be sick for at least 4 or more days in a row (including weekends and bank holidays) (SSP is not payable for the first 3 days of any period of absence); and• Earn an average of not less than the Lower Earnings Limit for National Insurance Contributions (NIC).


More Definitions of Lower Earnings Limit

Lower Earnings Limit means the lower earnings limit for Class 1 contributions for the purposes of section 5(1) of the Social Security Contributions and Benefits Act 1992(12);”;
Lower Earnings Limit means the amount specified for the tax year in question in regulations made under section 5(1)(a)(i) of the 1992 Act (earnings limits and thresholds for Class 1 contributions)(8);”;
Lower Earnings Limit means, in relation to a Member or Life Assurance Member, his lower earnings limit for the purposes of the Pensions Act.
Lower Earnings Limit means, in relation to a Member, his lower earnings limit for the purposes of the Pensions Act. "Member" means (a) a person who was an Eligible Employee on 1st January 1985 and who on the previous day was a member under the Old Rules, or
Lower Earnings Limit means the level of weekly earnings at which the liability for Class 1 National Insurance Contributions arises;
Lower Earnings Limit means in respect of a Member at the date of leaving pensionable service under the BAPP section of the Former Scheme, the annual amount of weekly earnings at which liability for Class 1 National Insurance Contributions arises;
Lower Earnings Limit means the annual rate of the lower earnings limit for the purposes of National Insurance contributions from time to time;