1041-535 Security for payment of Class 1 contributions
HMRC is entitled to protect NI Fund income by requiring an employer to provide security for payment. The rule matches the equivalent PAYE regulations.
Where an officer of Revenue & Customs considers it necessary for the protection of Class 1 or 1A contributions (and it must be assumed that the latter will follow the former almost automatically), the officer may require security, or further security, for payment from an employer who is in business and does not have a ‘time to pay’ arrangement in place (Contributions Regulations, Sch. 4, para. 29N, 29O).