The Social Security Class 3A Contributions (Amendment) Regulations 2014

• Citation: S.I. 2014/2746
• Sections: 4

Section 1 Citation and commencement

(1) These Regulations may be cited as the Social Security Class 3A Contributions (Amendment) Regulations 2014.

(2) Regulations 1, 2 and 4 come into force in Great Britain on 12th October 2015.

(3) Regulations 1, 3 and 4 come into force in Northern Ireland on the same day as the coming into force for all purposes of paragraph 17 of Schedule 15 to the Pensions Act 2014 .

Section 2 Amendment of the Social Security Contributions and Benefits Act 1992

For section 14A(1) of the Social Security Contributions and Benefits Act 1992 (Class 3A contributions in return for units of additional pension) substitute—

(1) An eligible person is entitled to pay a Class 3A contribution before the cut-off date, in return for a unit of additional pension.

(1A) The cut-off date is—

(a) 5th April 2017, or

(b) if later the end of the 30-day period beginning with the day on which the person is sent information about Class 3A contributions by Her Majesty’s Revenue and Customs in response to a request made before 6th April 2017.

Section 3 Amendment of the Social Security Contributions and Benefits (Northern Ireland) Act 1992

For section 14A(1) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (Class 3A contributions in return for units of additional pension) substitute—

(1) An eligible person is entitled to pay a Class 3A contribution before the cut-off date, in return for a unit of additional pension.

(1A) The cut-off date is—

(a) 5th April 2017, or

(b) if later the end of the 30-day period beginning with the day on which the person is sent information about Class 3A contributions by Her Majesty’s Revenue and Customs in response to a request made before 6th April 2017.

Section 4 Amendment of the Social Security (Contributions) Regulations 2001

(1) The Social Security (Contributions) Regulations 2001 are amended as follows.

(2) After regulation 56 (return of precluded Class 3 contributions) insert—

Repayment of Class 3A contributions

(56A)

(1) Where a Class 3A contribution has been paid, the contribution shall be repaid if one or more of the following conditions are satisfied—

(a) the person who paid the contribution (“the contributor”) dies within the period of 90 days beginning with the date of payment of the contribution, or

(b) the contributor makes an application to HMRC for repayment within the period of 90 days beginning with the date of payment of the contribution.

(2) Where a Class 3A contribution is repaid, any amounts received under section 45(1)(b) or (2)(e) of the Act in return for that contribution shall be deducted from the repayment.