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HMRC internal manual

National Insurance Manual

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HM Revenue & Customs
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Special Cases: Share fishermen: Class 2 liability: General

Regulation 125 of the Social Security (Contributions) Regulations 2001 (SI 2001 No 1004)

Share fishermen must pay a special rate of Class 2 NIC for each week they are a share fisherman. However, share fishermen may be excepted from liability under the same circumstances as those which are applicable to other self-employed earners - see NIM20750 In addition, they are excepted from liability to pay a special rate Class 2 contribution for any contribution week in respect of which they are in receipt of a contribution based Job Seekers Allowance [JSA(C)] or but for a failure to satisfy the contribution conditions for that benefit, they would be so entitled.