PART 6Assessment of income and capital
SECTION 3
Employed earners
Earnings of employed earners35
1
Subject to paragraph (2), “earnings” means in the case of employment as an employed earner, any remuneration or profit derived from that employment and includes—
a
any bonus or commission;
b
any payment in lieu of remuneration except any periodic sum paid to a claimant on account of the termination of his employment by reason of redundancy;
c
any payment in lieu of notice;
d
any holiday pay;
e
any payment by way of a retainer;
f
any payment made by the claimant's employer in respect of expenses not wholly, exclusively and necessarily incurred in the performance of the duties of the employment, including any payment made by the claimant's employer in respect of—
i
travelling expenses incurred by the claimant between his home and place of employment;
ii
expenses incurred by the claimant under arrangements made for the care of a member of his family owing to the claimant's absence from home;
g
the amount of any payment by way of a non-cash voucher which has been taken into account in the computation of a person's earnings in accordance with Part 5 of Schedule 3 to the Social Security (Contributions) Regulations 2001 F1;
h
statutory sick pay and statutory maternity pay payable by the employer under the Act;
F11ia
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
j
statutory adoption pay payable under Part 12ZB of the ActF2;
F9ja
statutory shared parental pay payable under Part 12ZC of the Act;
F12jb
statutory parental bereavement pay payable under Part 12ZD of the Act;
k
any sums payable under a contract of service—
i
for incapacity for work due to sickness or injury; or
ii
by reason of pregnancy or confinement.
2
Earnings shall not include—
a
subject to paragraph (3), any payment in kind;
b
any payment in respect of expenses wholly, exclusively and necessarily incurred in the performance of the duties of the employment;
c
any occupational pension;
d
any lump sum payment made under the Iron and Steel Re-adaptation Benefits Scheme F3;
e
3
Paragraph (2)(a) shall not apply in respect of any non-cash voucher referred to in paragraph (1)(g).