Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7)

SCHEDULES

SCHEDULE 2 N.I. Schedule 2 to the Social Security Contributions and Benefits Act 1992: Levy of Class 4 Contributions with Income Tax

Trustees, etc. N.I.

5 N.I. In any circumstances in which apart from this paragraph a person would—

(a) under section 72 of the M1 Taxes Management Act 1970 be assessable and chargeable to Class 4 contributions as trustee, guardian, tutor, curator, or committee of an incapacitated person in respect of the profits F1 ... of a trade, profession or vocation, or

(b) by virtue of [F2 section 8 of ITTOIA 2005] be assessed and charged to such contributions in respect of profits F3 ... received or receivable by him in the capacity of trustee,

such contributions shall not be payable either by him or by any other person.

Textual Amendments

F1 Words in Sch. 2 para. 5(a) repealed (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 425(5)(a), Sch. 3 (with Sch. 2)

F2 Words in Sch. 2 para. 5(b) substituted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 425(5)(b)(i) (with Sch. 2)

F3 Words in Sch. 2 para. 5(b) repealed (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 425(5)(b)(ii), Sch. 3 (with Sch. 2)

Marginal Citations

M1 1970 c. 9.