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”.