C1

C1

C3C4C5Part I Contributions

Annotations:
Modifications etc. (not altering text)

Class 4 contributions

18 Class 4 contributions recoverable under regulations.

C21

F1The Inland Revenue may by regulations make provision so that where—

a

an earner, in respect of any one or more employments of his, is treated by regulations under section 2(2)(b) above as being self-employed; and

b

in any tax year he has earnings from any such employment (one or more) which fall within paragraph (b)(i) of F7subsection (8) of section 11 above but is not liable for a higher weekly rate of Class 2 contributions by virtue of regulations under that subsection; and

c

the total of those earnings exceeds F8£8,060,

he is to be liable, in respect of those earnings, to pay a Class 4 contribution F5....

F41A

The amount of a Class 4 contribution payable by virtue of regulations under this section is equal to the aggregate of—

a

the main Class 4 percentage of so much of the total of the earnings referred to in subsection (1)(b) above as exceeds F9£8,060 but does not exceed F10£42,385; and

b

the additional Class 4 percentage of so much of that total as exceeds F10£42,385;

but the figures specified in this subsection are subject to alteration under section 141 of the Administration Act.

2

F3In relation to Class 4 contributions payable by virtue of regulations under this section, F2regulations made by the Inland Revenue may—

a

apply any of the provisions of Schedule 1 to this Act (except a provision conferring power to make regulations); and

b

make any such provision as may be made by regulations under that Schedule, except paragraph 6 F6or 7BZA.