The Income Tax (Exemption of Social Security Benefits) Regulations, SI 2024/287, exempt the following two new social security benefits from income tax:
the Scottish Government’s Parental Transitions Support scheme; and
the Department for Work and Pensions’ Jobs Plus Pilot scheme.
Both schemes are being introduced from 1 April 2024 and the income tax exemption applies from that date.
The Social Security (Contributions) (Amendment No 2) Regulations, SI 2024/289, provide the equivalent disregard from earnings for Class 1 NICs purposes.
The Income Tax (Exemption of Social Security Benefits) Regulations, SI 2024/287, exempt the following two new social security benefits from income tax:
the Scottish Government’s Parental Transitions Support scheme; and
the Department for Work and Pensions’ Jobs Plus Pilot scheme.
Both schemes are being introduced from 1 April 2024 and the income tax exemption applies from that date.
The Social Security (Contributions) (Amendment No 2) Regulations, SI 2024/289, provide the equivalent disregard from earnings for Class 1 NICs purposes.
