Regulation 4 Amendments to the Social Security (Contributions) Regulations 2001

After regulation 94 insert —

“Exception from Class 4 liability in respect of certain amounts chargeable to income tax under Schedule D

94A.

Where —

(a)

an earner has earnings from employment which is employed earner’s employment; and

(b)

an amount representing those earnings is included in the calculation of the profits chargeable to income tax under Schedule D,

the earner shall be excepted from liability to pay contributions under section 15 of the Act (Class 4 contributions)^f1 on that amount.”.