13 Class 4 national insurance contributions.U.K.
This section has no associated Explanatory Notes
In section 15 of the M1Social Security Contributions and Benefits Act 1992 and section 15 of the M2Social Security Contributions and Benefits (Northern Ireland) Act 1992 (Class 4 contributions), after subsection (3) insert—
“(3A)Where income tax is (or would be) charged on a member of a limited liability partnership in respect of profits or gains arising from the carrying on of a trade or profession by the limited liability partnership, Class 4 contributions shall be payable by him if they would be payable were the trade or profession carried on in partnership by the members.”