# The Income Tax (Sub-contractors in the Construction Industry and Employments) (Amendment) Regulations 2000, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations amend the Income Tax (Sub-contractors in the Construction Industry) Regulations 1993 (S.I. 1993/743) and the Income Tax (Employments) Regulations 1993 (S.I. 1993/744). The amendments made by regulations 2 and 3 substitute a new definition of “N” in the formulae to determine whether an employer is entitled to account, under those Regulations, to the Collector of Taxes quarterly for sums due in respect of income tax, National Insurance contributions, tax credits and student loan repayments. The new definition provides that, in addition to disregarding any adjustment to the amount payable to the collector in respect of the funding of tax credits by the employer, there shall also be disregarded any amount of secondary Class 1 contributions in respect of which liability has been transferred from the secondary contributor to the employed earner. Such a transfer of liability is possible under an election made jointly by the secondary contributor and the employed earner under paragraph 3B of Schedule 1 to the Social Security Contributions and Benefits Act 1992 or the Social Security Contributions and Benefits (Northern Ireland) Act 1992.
These Regulations contain provisions which are consequential on the Social Security (Contributions) (Amendment No. 10) Regulations 2000 and the Social Security (Contributions) (Amendment No. 10) (Northern Ireland) Regulations 2000.

---
Source: https://www.legislation.gov.uk/uksi/2000/2742/note (the official version)
Page: https://openlegislation.uk/income-tax-sub-contractors-in-the-construction-industry-and-employments-amendment-regulations-2000/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.