Income Tax: NICs: payments into a trust not earnings | Practical Law

Income Tax: NICs: payments into a trust not earnings | Practical Law

The Supreme Court has held that a payment into a funded unapproved retirement benefits scheme did not count as earnings for National Insurance contributions purposes.

Income Tax: NICs: payments into a trust not earnings

Practical Law UK Articles 9-561-9252 (Approx. 3 pages)

Income Tax: NICs: payments into a trust not earnings

by Norton Rose Fulbright LLP
Published on 27 Mar 2014United Kingdom
The Supreme Court has held that a payment into a funded unapproved retirement benefits scheme did not count as earnings for National Insurance contributions purposes.