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NICs amendments

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The Social Security (Contributions) (Amendment) Regulations, SI 2018/120, amend the NICs treatment of certain types of payment to align with income tax changes. These changes affect:

The Social Security (Contributions) (Amendment) Regulations, SI 2018/120, amend the NICs treatment of certain types of payment to align with income tax changes. These changes affect:

  • valuation of non-cash vouchers and certain motoring expenses provided under optional remuneration arrangements (salary sacrifice);
  • restriction to ‘eligible employees’ of the NICs disregard for qualifying childcare vouchers; and
  • exemption from employer Class 1A NICs on certain sporting testimonial payments for 2018/19 and subsequent years.

The regulations come into force on 6 April 2018.

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