1 Citation and commencement

These Regulations may be cited as the Social Security (Contributions) (Amendment No 6) Regulations 2008 and shall come into force on 27th December 2008.

NOTES
Initial Commencement
Specified date

Specified date: 27 December 2008: see above.

2 Amendment of the Social Security (Contributions) Regulations 2001

2Amendment of the Social Security (Contributions) Regulations 2001

(1)    The Social Security (Contributions) Regulations 2001 are amended as follows.

(2)    After regulation 65C insert—

“65D Late payment of voluntary Class 2 and 3 contributions for tax year 2006–07

(1)    Paragraph (3) applies where a person who meets the conditions in paragraph (2)—

(a)    is entitled, but not liable, to pay a Class 2 or Class 3 contribution in respect of the tax year 2006–07; and

(b)    pays the contribution after the end of that year, but not later than 5th April 2013.

(2)    The conditions are that—

(a)    the person will reach pensionable age on or after 6th April 2010; and

(b)    the person has been precluded from regular employment by responsibilities at home in any year.

(3)    Notwithstanding sections 12(3) and 13(6) of the Act, the amount of the contribution shall be calculated by reference to the weekly rate which would have been payable if it had been paid during the tax year 2006–07.

(4)    A person is precluded from regular employment by responsibilities at home in any year if they are taken to be such a person within the meaning of regulations made under paragraph 5(7)(b) of Schedule 3 to the Act.”.

NOTES
Initial Commencement
Specified date

Specified date: 27 December 2008: see reg 1.

Signature

Frank Roy

Steve McCabe

Two of the Lords Commissioners of Her Majesty's Treasury

4th December 2008

EXPLANATORY NOTE

EXPLANATORY NOTE (This note is not part of the Order)

These Regulations amend the Social Security (Contributions) Regulations 2001 (SI 2001/1004).

Regulation 2 inserts a new regulation 65D. This provides that voluntary Class 2 and 3 contributions for the tax year 2006–07 which are paid late shall be computed by reference to the weekly rate which would have applied if the contribution had been paid during that tax year rather than what will usually be a higher weekly rate in the tax year they are actually paid. The regulation applies to contributors who have been precluded from regular employment by responsibilities at home in any year. These persons will be entitled to “home responsibilities protection”. Further conditions are that the contributors reach pensionable age on or after 6th April 2010 and the contributions are paid no later than 5th April 2013.

A full impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.