Social Security Contributions and Benefits (Northern Ireland) Act 1992

Method of computing profits or gains N.I.

2 N.I. Subject to the following paragraphs, Class 4 contributions shall be payable in respect of the full amount of all [F1 profits—

(a) which are the profits of any relevant trade, profession or vocation which is not carried on wholly outside the United Kingdom, and

(b) which are chargeable to income tax under Chapter 2 of Part 2 of ITTOIA 2005].

Textual Amendments

F1 Words in Sch. 2 para. 2 substituted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 425(3) (with Sch. 2)