# The Social Security (Contributions) (Amendment No. 5) Regulations 2023, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations amend the Social Security (Contributions) Regulations 2001 (S.I. 2001/1004) to provide that Horizon Shortfall Scheme top-up payments will be disregarded in the calculation of earnings for the purpose of establishing liability to Class 1 National Insurance contributions.
Horizon Shortfall Scheme top-up payments are made by Post Office Limited to persons who were adversely affected by accounting shortfalls related to the Horizon system for the purpose of topping-up that compensation payment to account for sums lost to tax.
A Tax Information and Impact Note has not been prepared for this instrument because it contains no substantive changes to NICs policy.

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Source: https://www.legislation.gov.uk/uksi/2023/773/note (the official version)
Page: https://openlegislation.uk/social-security-contributions-amendment-no-5-regulations-2023/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.