Regulation 2 Amendment to the Social Security (Contributions) Regulations 2001

(1)

Schedule 3 (payments to be disregarded etc…) to the Social Security (Contributions) Regulations 2001^f1 is amended as follows.

(2)

In Part 7 (payments in respect of training and similar courses), after paragraph 12^f2 (payments made by employers to earners in full-time attendance at universities &c), insert—

“Payments exempted from income tax under section 254A of ITEPA 2003^f3

13.

A care leaver’s apprenticeship bursary payment which is exempted from income tax under section 254A of ITEPA 2003.”.

Annotations

Footnotes

f1: S.I. 2001/1004.
f2: Paragraph 12 was inserted by regulations 2 and 4 of S.I. 2005/728 with effect from 6 April 2005. The insertion has effect in relation to payments of earnings made in respect of the academic year beginning on 1 September 2005 and subsequent academic years: see regulation 1 of S.I. 2005/728. Paragraph 12 was also amended by S.I. 2007/2401.
f3: Section 254A of ITEPA (c.1) was inserted by section 11 of the Finance Act 2020 (c. 14).