NIM12023 – Class 1: Calculating Class 1 NICs for Directors: Annual earnings periods: Multiple Directorships or re- appointed during a tax year
Regulation 8(2) SSCR 2001
If a company appoints the same person as a director on more than
one occasion in a tax year, for example if re-appointed following
resignation, the original earnings period, annual or pro-rata,
remains in force (Regulation 8(2) SSCR 2001).
Similarly if a director has multiple directorships, the
earnings period used for the first directorship applies (Regulation
8(2) SSCR 2001).
