National Insurance Manual - Recent changes to this manual
Below are details of the amendments to the Class 1 NICs
section that were published on 1 November 2007 (see the
update index for all updates).
| Section | Details of update |
| NIM02000 | Earnings of employees and
office holders: list of specific types of payment In the entries
for:
“up to 5th April 2006” added at end of each entry. Between the entries for “Restrictive covenants” and “Retirement or dismissal”, insertion of new entry “Retirement benefits schemes from 6th April 2006 NIM02700” |
| NIM02404 | Earnings of employees and
office holders: trust funds
Reference to FURBS expanded. Addition of reference to NIM02700 for guidance on retirement benefits schemes from 6th April 2006 |
| NIM02760 | Earnings of employees and
office holders: retirement benefits schemes from 6th April 2006
– employer–financed retirement benefits schemes:
payments out of such schemes: authorised member payments: Contents
In the heading, removal of “employer’s” before “payments” where it first appears |
| NIM02765 | Earnings of employees and
office holders: retirement benefits schemes from 6th April 2006
– employer–financed retirement benefits schemes:
payments out of such schemes: authorised member payments: overview
In the heading, removal of “employer’s” before “payments” where it first appears |
| NIM02766 | Earnings of employees and
office holders: retirement benefits schemes from 6th April 2006
– employer–financed retirement benefits schemes:
payments out of such schemes: authorised member payments: pensions
In the heading, removal of “employer’s” before
“payments” where it first appears Removal of:
Although the changes to this page are being made now, the actual legislative changes (made via the Finance Act 2007) are deemed to have effect from 6th April 2006. In other words, it is as if paragraph 1(1)(e) never existed. |
| NIM02767 | Earnings of employees and
office holders: retirement benefits schemes from 6th April 2006
– employer–financed retirement benefits schemes:
payments out of such schemes: authorised member payments: pensions:
pension rules 1 and 3
In the heading, removal of “employer’s” before “payments” where it first appears |
| NIM02781 | Earnings of employees and
office holders: retirement benefits schemes from 6th April 2006
– employer–financed retirement benefits schemes:
payments out of such schemes: authorised member payments flowchart:
pensions As a consequence of the above change to NIM02766, removal
of:
|
