The Social Security (Contributions) (Amendment No.3) Regulations 2013

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

4.  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)(1);”; and

(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 agreements

24.— (1) A payment, or reimbursement, in accordance with section 205A(7) of the Employment Rights Act 1996 (employee shareholder status)(2), 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)(3).”.

(1)

Section 239B of ITEPA 2003 was inserted by section 10 of the Finance Act 2013.

(2)

1996 c. 18. Section 205A(7) is inserted, with effect from 1st September 2013 (see The Growth and Infrastructure (Commencement No. 3 and Savings) Order 2013 (S.I. 2013/1766 (C. 72))), by section 31 of the Growth and Infrastructure Act 2013 (c. 27).

(3)

Section 326B is inserted, with effect from 1st September 2013 (see S.I. 2013/1755 (C. 71)), by paragraph 37 of Schedule 23 to the Finance Act 2013.