Amendment of the Social Security (Contributions) Regulations 20019
1
Schedule 4 is amended as follows.
2
In paragraph 11(4)—
a
for the formula substitute “(N + P + L + S) − (SP + CD)”;
b
in the description of “N” omit paragraph (b);
c
in the description of “P” omit “if any adjustment to that amount under regulation 7(2) of the Working Tax Credit (Payment by Employers) Regulations 2002 were disregarded”;
d
in the description of “L” omit “and in regulation 7(2) of the Working Tax Credit (Payment by Employers) Regulations 2002”; and
e
omit the description of “T”.