Chapter NIM07006
| Published date | 11 April 2016 |
| Record Number | NIM07006 |
A guarantee payment is earnings within the definition in section 3(1) of the Social Security Contributions & Benefits Act 1992. The amount of the guarantee payment shouldbe included in the gross amount of the employee’s earnings for the relevant earnings period, and NICs calculated in the normal way on the gross amount.
For information about:
- what a guarantee payment is, see [## Sections 28 and 34 Employment Rights Act 1996
A guarantee payment is earnings within the definition in section 3(1) of the Social Security Contributions & Benefits Act 1992. The amount of the guarantee payment shouldbe included in the gross amount of the employee’s earnings for the relevant earnings period, and NICs calculated in the normal way on the gross amount.
For information about:
- what a guarantee payment is, see](https://www.gov.uk/hmrc-internal-manuals/national-insurance-manual/nim07005)
- the meaning of “earnings”, see [## Sections 28 and 34 Employment Rights Act 1996
A guarantee payment is earnings within the definition in section 3(1) of the Social Security Contributions & Benefits Act 1992. The amount of the guarantee payment shouldbe included in the gross amount of the employee’s earnings for the relevant earnings period, and NICs calculated in the normal way on the gross amount.
For information about:
- what a guarantee payment is, see [## Sections 28 and 34 Employment Rights Act 1996
A guarantee payment is earnings within the definition in section 3(1) of the Social Security Contributions & Benefits Act 1992. The amount of the guarantee payment shouldbe included in the gross amount of the employee’s earnings for the relevant earnings period, and NICs calculated in the normal way on the gross amount.
For information about:
- what a guarantee payment is, see](https://www.gov.uk/hmrc-internal-manuals/national-insurance-manual/nim07005)
- the meaning of “earnings”, see](https://www.gov.uk/hmrc-internal-manuals/national-insurance-manual/nim02010)
- earnings periods, see [## Sections 28 and 34 Employment Rights Act 1996
A guarantee payment is earnings within the definition in section 3(1) of the Social Security Contributions & Benefits Act 1992. The amount of the guarantee payment shouldbe included in the gross amount of the employee’s earnings for the relevant earnings period, and NICs calculated in the normal way on the gross amount.
For information about:
- what a guarantee payment is, see [## Sections 28 and 34...
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