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The earnings period in respect of a director's earnings is the tax year (or, in the case of a director who is appointed during that year, the period from their appointment to the following 5 April), subject to a maximum of 52 weeks (although the tax year actually contains 53 weeks for Class 1 purposes). A director who is appointed in week 53 has an earnings period for that year of one week.

Where they are given a number of directorships during the year, the earnings period in respect of each dates from their appointment to the first directorship¹. On the other hand, if they are a director at 6 April, the relevant earnings period is the year then beginning, whether or not they cease to be a director in that year². The earnings period so determined (or the longest such period, if there is more than one) prevails over that prescribed by any other provision³.

If a director resigns during the tax year, their final earnings period will normally