What these notes do
These Explanatory Notes refer to the National Insurance Contributions (Termination Awards and Sporting Testimonials) Act (c. 23) which received Royal Assent on 24 July 2019.
- These Explanatory Notes have been prepared by HM Revenue & Customs (HMRC) in order to assist the reader of the Act. They do not form part of the Act and have not been endorsed by Parliament.
- These Explanatory Notes explain what each section of the Act will mean in practice; provide background information on the development of policy; and provide additional information on how the Act will affect existing legislation in this area.
- These Explanatory Notes might best be read alongside the Act. They are not, and are not intended to be, a comprehensive description of the Act.
