SCHEDULES

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

Trustees, etc.

5

In any circumstances in which apart from this paragraph a person would—

F1(a)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b)

by virtue of F2section 8 of ITTOIA 2005 be assessed and charged to F3Class 4 contributions in respect of profits F4... received or receivable by him in the capacity of trustee,

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