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United Kingdom Statutory Instruments |
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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Social Security (Contributions) (Amendment No. 5) Regulations 2008 No. 2624 URL: http://www.bailii.org/uk/legis/num_reg/2008/uksi_20082624_en_1.html |
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Made
6th October 2008
Laid before Parliament
6th October 2008
Coming into force
27th October 2008
The Treasury make the following Regulations in exercise of the powers conferred by sections 3(2) and (3) and 175(1A), (4) and (5) of the Social Security Contributions and Benefits Act 1992, and now exercisable by them(1).
The Secretary of State concurs in the making of these Regulations.
1. These Regulations may be cited as the Social Security (Contributions) (Amendment No. 5) Regulations 2008 and shall come into force on 27th October 2008.
2.–(1) The Social Security (Contributions) Regulations 2001(2) are amended as follows.
(2) In Part 10 of Schedule 3 (miscellaneous payments to be disregarded in the computation of an employed earner´s earnings)–
(a) in sub-paragraph (1) of paragraph 1(3) for "2 to 20" substitute "2 to 21"; and
(b) after paragraph 20 insert the following paragraph–
21. Any Better off in Work Credit payment made pursuant to arrangements made by the Secretary of State under section 2 of the Employment and Training Act 1973(4).
This paragraph does not apply to Northern Ireland."
Claire Ward
Dave Watts
Two of the Lords Commissioners of Her Majesty´s Treasury
6th October 2008
The Secretary of State concurs.
Signed by authority of the Secretary of State for Work and Pensions
Mike O´Brien
Minister of State
Department for Work and Pensions
25th September 2008
(This note is not part of the Regulations)
These Regulations amend the Social Security (Contributions) Regulations 2001 (S.I. 2001/1004). In particular Schedule 3 to those Regulations allows certain payments to be disregarded in the computation of earnings for the purpose of establishing liability for earnings-related national insurance contributions. These Regulations provide such a disregard in Great Britain in respect of any payment of Better off in Work Credit.
A full and final Impact Assessment has not been produced for this instrument as a negligible impact on the private or voluntary sectors is foreseen.
1992 c. 4. Section 3(2) was amended by paragraph 3 of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2: "the Transfer Act"). In section 175, subsection (1A) was inserted and subsection (4) amended by paragraph 29 of Schedule 3 to the Transfer Act; subsection (1A) was amended by Schedule 6 to the Tax Credits Act 2002 (c. 21). Back [1]
S.I. 2001/1004, relevant amending instruments are S.I. 2008/607 and 1431. Back [2]
Paragraph 1 was relevantly amended by S.I. 2008/607 and 1431. Back [3]
1973 c. 50. Back [4]
