Section 231 — Injury Prevention, Rehabilitation, and Compensation Act 2001: Mixed earnings as employee and self-employed person

231 Mixed earnings as employee and self-employed person (1) This section applies to persons who, in a tax year, have both earnings as an employee and earnings as a self-employed person. (2) If such a person's earnings as an employee for the tax year exceed the specified maximum in relation to the earner levy, the person is not obliged to pay the levy on the person's earnings as a self-employed person for the tax year. (3) If the person's earnings as an employee for the tax year do not exceed the specified maximum, the levy payable is to be calculated on the basis of an amount equal to the lesser of— (a) the specified maximum for the earner levy reduced by the person's earnings as an employee for the tax year; and (b) the person's earnings as a self-employed person for the tax year. (4) If the person's earnings as an employee for the tax year exceed the specified maximum in relation to the Earners' Account Residual levy, the person is not obliged to pay the levy on the person's earnings as a self-employed person for the tax year. (5) If the person's earnings as an employee for the tax year do not exceed the specified maximum, the Earners' Account Residual levy payable is to be calculated on an amount equal to the lesser of— (a) the specified maximum for the Earners' Account Residual levy reduced by the person's earnings as an employee for the tax year; and (b) the person's earnings as a self-employed person for the tax year. Compare: SR 1999/196 rr 12-13 Subsection (1) was amended, as from 1 April 2005, by section YA 2 Income Tax Act 2004 (2004 No 35) by substituting the words “ a tax year ” for the words “ an income year ” . Subsections (2) to (5) were amended, as from 1 April 2005, by section YA 2 Income Tax Act 2004 (2004 No 35) by substituting the words “ tax year ” for the words “ income year ” in all places in which they appear.