The Income Tax (Sub-contractors in the Construction Industry and Employments) (Amendment) Regulations 2000

Amendment of the Income Tax (Sub-contractors in the Construction Industry) Regulations 1993

2.  In regulation 9(2) of the Income Tax (Sub-contractors in the Construction Industry) Regulations 1993(1) for the definition of N substitute—

• “N is the amount which would be payable to the collector under the Social Security Contributions and Benefits Act 1992(2) and the Social Security (Contributions) Regulations 1979(3) or, in Northern Ireland, under the Social Security Contributions and Benefits (Northern Ireland) Act 1992(4) and the Social Security (Contributions) Regulations (Northern Ireland) 1979(5) disregarding—

  (a)

  any amount of secondary Class 1 contributions in respect of which liability has been transferred to the employed earner by virtue of an election made jointly by the employed earner and the secondary contributor for the purpose of paragraph 3B(1) of Schedule 1 to either the Social Security Contributions and Benefits Act 1992 or the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (transfer of liability to be borne by earner)(6); and

  (b)

  any adjustment to the amount so payable to the collector under regulation 7(3) of the Tax Credits (Payments by Employers) Regulations 1999(7) (funding of payment by relevant employer or relevant subsequent employer of tax credit);”.

(1)

S.I. 1993/743. The relevant amending instrument is S.I. 2000/1151.

(2)

1992 c. 4.

(3)

S.I.1979/591.

(4)

1992 c. 7.

(5)

S.R. 1979 No. 186.

(6)

Paragraph 3B was inserted in Schedule 1 to the Social Security Contributions and Benefits Act 1992 by section 77(2) of the Child Support, Pensions and Social Security Act 2000 (c. 19), and inserted in Schedule 1 to the Social Security Contributions and Benefits (Northern Ireland) Act 1992 by section 81(2) of that Act.

(7)

S.I. 1999/3219.