NIM24630 | Class 4 NICs: computation of liability: particular trades: divers

Regulation 92 of the Social Security (Contributions) Regulations 2001 (SI 2001 No. 1004) (SSCR 2001)
Section 15 of the Income Tax (Trading and Other Income) Act (ITTOIA) 2005 ———————————————————————————————————————————————————————————

S15 of ITTOIA 2005 provides that earnings from employment as a diver or diving supervisor in the United Kingdom (or a designated area which are concerned with the exploration or exploitation of the seabed, subsoil and their natural resources) are taxable as trade profits and not as employment income – see BIM53951.

The employment status of divers follows the normal status rules and in most cases they are considered to be employees for NICs purposes.

Regulation 92 of SSCR 2001 exempts liability for Class 4 NICs for all divers and diving supervisors for any earnings from employment which fall within s15 of ITTOIA 2005.