Act of Parliament

Latest news on the National Insurance Contributions (Termination Awards and Sporting Testimonials) Act 2019

Following agreement by both Houses on the text of the Bill it received Royal Assent on 24 July. The Bill is now an Act of Parliament (law).

Summary of the National Insurance Contributions (Termination Awards and Sporting Testimonials) Act 2019

A Bill to provide for Class 1A national insurance contributions on certain termination awards; and to provide for the controller of a sporting testimonial to be the person liable to pay Class 1A national insurance contributions on payments from money raised by the testimonial.