Related Commentary  

27(1)  For the purposes of earnings-related contributions, there shall be excluded from the calculation of a person’s earnings any payment in so far as it is a payment–

(a)by a company;

(b)to or for the benefit of a director of that company;

(c)in respect of any employed earner’s employment of that director with that company; and

(d)in respect of which paragraph (2), (3) or (4) is satisfied.

27(2)  This paragraph is satisfied if–

(a)the director is a partner in a firm carrying on a profession;

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.