The Social Security (Contributions) (Amendment) Regulations 2019

Citation and commencement

1.  These Regulations may be cited as the Social Security (Contributions) (Amendment) Regulations 2019 and come into force on 5th April 2019.

Amendment of the Social Security (Contributions) Regulations 2001

2.  The Social Security (Contributions) Regulations 2001(1) are amended as follows.

3.  After regulation 22B (amounts to be treated as earnings: Part 7A of ITEPA 2003)(2) insert—

“Amounts to be treated as earnings paid to or for the benefit of the earner: Schedule 11 to the Finance (No. 2) Act 2017

22C.— (1) Where an amount is within regulation 22B(2) by reason of a relevant step within paragraph 1 of Schedule 11 (employment income provided through third parties: loans etc outstanding on 5 April 2019) to the Finance (No. 2) Act 2017(3) it shall be treated for the purposes of Part 1 of the Act(4) 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) of that Schedule.

(2) In paragraph (1) “relevant step” means a relevant step for the purposes of Part 7A of ITEPA 2003(5).”.

Mike Freer

Rebecca Harris

Two of the Lords Commissioners of Her Majesty’s Treasury

22nd January 2019

The Secretary of State concurs as indicated in the preamble

Guy Opperman

Parliamentary Under-Secretary of State for Pensions and Financial Inclusion

Department for Work and Pensions

21st January 2019

The Department for Communities concurs as indicated in the preamble

Colum Boyle

A senior officer of the Department for Communities

21st January 2019