Section 18 — Social Security Contributions and Benefits Act 1992: Class 4 contributions recoverable under regulations.

Class 4 contributions recoverable under regulations. 18 1 The Inland Revenue may by regulations make provision so that where—

a an earner, in respect of any one or more employments of his, is treated by regulations under section 2(2)(b) above as being self-employed;

and b in any tax year he has earnings from any such employment (one or more) which fall within paragraph (b)(i) of subsection (8) of section 11 above but is not liable for a higher weekly rate of Class 2 contributions by virtue of regulations under that subsection;

and c the total of those earnings exceeds £12,570 , he is to be liable, in respect of those earnings, to pay a Class 4 contribution .... 1A The amount of a Class 4 contribution payable by virtue of regulations under this section is equal to the aggregate of—

a the main Class 4 percentage of so much of the total of the earnings referred to in subsection (1)(b) above as exceeds £12,570 but does not exceed £50,270 ;

and b the additional Class 4 percentage of so much of that total as exceeds £50,270 ; but the figures specified in this subsection are subject to alteration under section 141 of the Administration Act.

2 In relation to Class 4 contributions payable by virtue of regulations under this section , regulations made by the Inland Revenue may —

a apply any of the provisions of Schedule 1 to this Act (except a provision conferring power to make regulations);

and b make any such provision as may be made by regulations under that Schedule, except paragraph 6 or 7BZA .