SI 2020/923 – The Social Security (Contributions) (Amendment No. 4) Regulations 2020

Released 07 September 2020

SI 2020/923 amends SI 2001/1004 to disregard care leaver’s apprenticeship bursary payments for Class 1 NIC purposes from 29 September 2020.

The Social Security (Contributions) (Amendment No. 4) Regulations 2020 amend the Social Security (Contributions) Regulations 2001 (SI 2001/1004) to take into account new tax provisions in the Income Tax (Earnings and Pensions) Act 2003, as inserted by the Finance Act 2020, and changes made by SI 2020/922. The amendments insert a new SI 2001/1004, Sch. 3, Pt. 7, para. 13 with the effect that any bursary payment made by the Education and Skills Funding Agency to a care leaver apprentice, in respect of which no liability to income tax arises by virtue of ITEPA 2003, s. 254A and SI 2020/922, is also disregarded for the purpose of establishing liability to Class 1 NICs. The regulations come into force on 29 September 2020.

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