What are the differences between a joint election and an Agreement?
A. The main differences are: • A joint election requires formal approval to be given by HMRC but an agreement does not. • A joint election legally transfers the (employer’s) secondary NICs liability to the employee. Under an agreement the employer remains legally liable for payment of the secondary contributions, but the employee agrees to reimburse the employer for the cost of that liability (or an agreed part of it).
