Regulation 22C Amounts to be treated as earnings paid to or for the benefit of the earner: Schedule 11 to the Finance (No. 2) Act 2017F1
United Kingdom
Where an amount is within regulation 22B(2) by reason of a relevant step within paragraph 1 F2or 1A of Schedule 11 (employment income provided through third parties: loans etc outstanding on 5 April 2019) to the Finance (No. 2) Act 2017 it shall be treated for the purposes of Part 1 of the Act as being paid to or for the benefit of the employed earner in respect of the employed earner’s employment at such time as the relevant step which gives rise to it is treated as being taken under paragraph 1(2) F3or 1A(3) or (4) of that Schedule.
In paragraph (1) “relevant step” means a relevant step for the purposes of Part 7A of ITEPA 2003.
Annotations
Textual amendments
- F1
Reg. 22C inserted (5.4.2019) by The Social Security (Contributions) (Amendment) Regulations 2019 (S.I. 2019/85), regs. 1, 3
- F2
Words in reg. 22C(1) inserted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 39(3)(a)
- F3
Words in reg. 22C(1) inserted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 39(3)(b)
Notes on the whole SI
Textual amendments
- F1
See sections 3(2) and (5), 4(5) and (6), 116, 117, 118, 119 and 120 of the Social Security Contributions and Benefits Act 1992 (c. 4) (“the Act”) as amended respectively by paragraphs 3, 4, 22, 23, 24, 25 and 26 of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2) (“the Transfer Act”). The functions of the Department of Health and Social Services for Northern Ireland under the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7) and the Social Security Administration (Northern Ireland) Act 1992 (c. 8) were transferred to the Department for Social Development by Article 8(b) of and Part II of Schedule 6 to the Departments (Transfer and Assignment of Functions) Order (Northern Ireland) 1999 (S.R. 1999 No. 481).
- F2
See section 176(2)(b) of the Act.