Regulation 36 Calculation of net earnings of employed earners

any amount deducted from those earnings by way of—

one-half of any sum paid by the claimant by way of a contribution towards an occupational pension scheme;

one-half of the amount calculated in accordance with paragraph (5) in respect of any qualifying contribution payable by the claimant; and

where those earnings include a payment which is payable under any enactment having effect in Northern Ireland and which corresponds to statutory sick pay, statutory maternity pay, F2statutory paternity pay, statutory adoption pay F3, statutory shared parental pay F4, statutory neonatal care pay or statutory parental bereavement pay, any amount deducted from those earnings by way of any contributions which are payable under any enactment having effect in Northern Ireland and which correspond to primary Class 1 contributions under the Act.

where the qualifying contribution is payable monthly, by multiplying the amount of the qualifying contribution by 12 and dividing the product by 365;

in any other case, by dividing the amount of the qualifying contribution by the number equal to the number of days in the period to which the qualifying contribution relates.

an amount in respect of income tax equivalent to an amount calculated by applying to those earnings F5... the basic rate F6, or in the case of a Scottish taxpayer, the Scottish basic rate, of tax applicable to the assessment period less only the F7personal reliefs to which the claimant is entitled under Chapters 2, 3 and 3A of Part 3 of the Income Tax Act 2007 as are appropriate to his circumstances but, if the assessment period is less than a year, the earnings to which the F8basic rate F9, or the Scottish basic rate, of tax is to be applied and the amount of the personal F10reliefs deductible under this sub-paragraph shall be calculated on a pro rata basis;

an amount equivalent to the amount of the primary Class 1 contributions that would be payable by him under the Act in respect of those earnings if such contributions were payable; and

one-half of any sum which would be payable by the claimant by way of a contribution towards an occupational or personal pension scheme, if the earnings so estimated were actual earnings.