Regulation 7 Amendments to the principal Regulations

After regulation 5(2) there shall be inserted the following paragraphs—

“(2A)

The categories of status specified in this paragraph for the purposes of paragraph (2)(d) are as follows—

(a)

employed, that is, a person chargeable to tax under Schedule E for the year of assessment concerned in respect of emoluments from an office or employment held by him;

(b)

a person chargeable to tax under Schedule E for the year of assessment concerned in respect of a pension;

(c)

self-employed, that is, a person chargeable to tax under Schedule D for the year of assessment concerned in respect of annual profits or gains arising or accruing from any trade, profession or vocation carried on by him;

(d)

a child under the age of 16;

(e)

other status not falling within any of sub-paragraphs (a) to (d) and, in relation to that status, specifying which of the following is applicable in his case or, if more than one, the most applicable—

(i)

caring for one or more children aged under 16,

(ii)

caring for a person aged 16 or over,

(iii)

in full time education,

(iv)

unemployed, or

(v)

other.

(2B)

The circumstances specified in this paragraph are where the total contributions to be made by the individual and, where he is an employee, his employer for the year of assessment concerned will exceed the earnings threshold, and the year of assessment either—

(a)

is not a year already specified in a declaration under paragraph (2)(e)(i) as the basis year or is not one of the 5 years of assessment following that year, or

(b)

is such a year but the total contributions to be made by the individual and, where he is an employee, his employer for that year will exceed the permitted maximum based on the net relevant earnings of the individual in the basis year specified in the declaration.

(2C)

The particulars specified in this paragraph are—

(a)

where the individual is an employee, one of the following—

(i)

a copy of his payslip or Inland Revenue Form P60 showing relevant earnings for the basis year;

(ii)

a declaration of his employer, signed by the employer or a person nominated by the employer, stipulating the amount of remuneration paid to the employee for the basis year or, where the basis year is the current year, an estimate of the amount of remuneration to be paid to the employee for that year;

(iii)

a copy of the self-assessment included in the individual’s income tax return for the basis year;

(iv)

such other particulars of relevant earnings as may be required by notice in writing given by the Board;

(b)

where the individual is self-employed, one of the following—

(i)

a copy of the accounts for the basis year of the individual’s trade, profession or vocation;

(ii)

a copy of the income tax return for the basis year of the individual, or of the self-assessment included in that return, showing net relevant earnings of the individual;

(iii)

such other particulars of relevant earnings as may be required by notice in writing given by the Board.

(2D)

The reference in paragraph (2C)(a)(ii) to a declaration includes a declaration produced in electronic form and incorporating an electronic signature of the employer.”