Regulation 2 Amendment to the National Insurance Contributions Act 2014

In section 2 of the National Insurance Contributions Act 2014 (exceptions), after subsection (4) insert—

“Excluded companies

(4A)

A body corporate (“C”) cannot qualify for an employment allowance for a tax year if—

(a)

all the payments of earnings in relation to which C is the secondary contributor in that year are paid to, or for the benefit of, the same employed earner, and

(b)

when each of those payments is made, that employed earner is a director of C.”.