Certain payments to be disregarded in the calculation of earnings for the purposes of earnings-related contributions4

In Schedule 3 (payments to be disregarded in the calculation of earnings for the purposes of earnings-related contributions)—

a

in Part 8 (travelling, relocation and expenses and allowances of the employment) after 16(c) insert—

ca

section 293B (UK travel expenses of other elected representatives)6;

b

in Part 10 (miscellaneous and supplemental) after paragraph 23 (fees relating to the Disclosure and Barring Service) insert —

Advice relating to proposed employee shareholder agreements24

1

A payment, or reimbursement, in accordance with section 205A(7) of the Employment Rights Act 1996 (employee shareholder status)7, of any reasonable costs in obtaining relevant advice.

2

“Relevant advice” has the same meaning as section 326B(2) of ITEPA 2003 (advice relating to proposed employee shareholder agreements)8.