888.This section applies where the third party provider is awarding non-cash vouchers, as defined in section 141 of the Income and Corporation Taxes Act 1988 (ICTA).
889.New section 10ZB(2) provides that a Class 1A NICs charge is liable on all vouchers provided to employees by third parties no matter whether they earn over the £8,500 limit set for other benefits or below that level.
890.Subsection (2) of section 75 inserts a new subsection (3A) into 110ZA of the Social Security Administration Act 1992. This includes the premises of third party providers in the list of premises liable to inspection by Revenue officers.
891.Subsection (3) brings new section 10ZA into force from 6 April 2000 on Royal Assent.
892.Subsection (4) allows any regulations made under the power in new section 10ZA to be retrospective back to the commencement of the tax year in which they are made.
Part IV: National Insurance Contributions Commentary on Sections New section 10ZB: Non-cash vouchers provided by third parties