Amendment to the National Insurance Contributions Act 2014
This section has no associated Explanatory Memorandum
2. In section 2 of the National Insurance Contributions Act 2014 (exceptions), after subsection (4) insert—
“Excluded companies
(4A) A body corporate (“C”) cannot qualify for an employment allowance for a tax year if—
(a)all the payments of earnings in relation to which C is the secondary contributor in that year are paid to, or for the benefit of, the same employed earner, and
(b)when each of those payments is made, that employed earner is a director of C.”.