- Latest available (Revised)
- Original (As made)
The Social Security (Contributions) (Amendment No. 8) Regulations 2007
You are here:
- UK Statutory Instruments
- 2007 No. 2520
- Explanatory Note
What Version
Opening Options
More Resources
Status:
This is the original version (as it was originally made).
EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations amend the Social Security (Contributions) Regulations 2001 (S.I. 2001/1004: “the principal Regulations”).
Regulation 3 inserts definitions for “the Commissioner” and “official error” into the principal Regulations for the purposes of new regulation 50B and 61A.
Regulations 4 and 5 amend respectively regulations 48(3)(b) and 50A(4) of the principal Regulations. The amendments are consequential on the insertion, by regulation 6, of regulation 50B.
Regulation 6 inserts new regulation 50B which provides an extended period to 5th April 2014 for the payment of Class 3 contributions in the case of a person who was entitled to pay Class 3 contributions in respect of the tax years 1993-94 to 2007-08 (“the relevant years”) and had been credited with earnings for any week in the relevant years which had subsequently been removed on or after 1st July 2007 because they had been credited by virtue of an official error.
Regulation 7 inserts new regulation 61A which provides an extended period to 5th April 2014 for the payment of voluntary Class 2 contributions in the case of a person who was entitled to pay Class 2 contributions under regulation 147 of the principal Regulations in respect of the relevant years and had been credited with earnings for any week in the relevant years which had subsequently been removed on or after 1st July 2007 because they had been credited by virtue of an official error.
Regulation 8 inserts new regulation 65ZA which provides that a Class 2 contribution payable by virtue of regulation 61A or a Class 3 contribution payable by virtue of regulation 50B shall be computed by reference to the weekly rate which would have applied if that contribution had been paid during the contribution year to which it relates. Similar treatment is extended to Class 2 contributions where there is a liability (rather than entitlement) to pay them, provided earnings were removed in similar circumstances and the contribution is paid by 5th April 2014.
A full regulatory impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.
Options/Help
Print Options
PrintThe Whole Instrument
PrintThis Explanatory Note only
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Opening Options
Different options to open legislation in order to view more content on screen at once
Explanatory Memorandum
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
More Resources
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- correction slips
- links to related legislation and further information resources
More Resources
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as made version that was used for the print copy
- correction slips
Click 'View More' or select 'More Resources' tab for additional information including:
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- links to related legislation and further information resources
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.