[F1Treatment for the purpose of any contributory benefit of Class 2 contributions treated as paid where relevant profits notified lateE+W+S
4A.—(1) For the purposes of entitlement to any contributory benefit, this regulation applies to a person if—
(a)the person has relevant profits for a tax year of, or exceeding, the small profits threshold, and
(b)the person has not made a relevant profits return for that tax year by the date on which the return is required to be made.
(2) The Class 2 contributions that the person is treated as having actually paid for the tax year (as a result of section 11(5B) of the Act) are to be treated as having been paid on the day on which a relevant profits return for the tax year is made.
(3) For the purposes of this regulation—
“relevant profits” has the meaning given by section 11(3) of the Act;
“relevant profits return” in relation to a tax year means—
a return under section 8 of the Taxes Management Act 1970 that includes relevant profits for that tax year, or
a notification to His Majesty’s Revenue and Customs of relevant profits for that tax year that is required by, and made in accordance with, any other enactment.]
Textual Amendments