Regulation 18 Amendments to regulation 40 (Recovery of repayments deducted)

Regulation 40 is amended as follows:—

(1)

In paragraph (1), for “under Schedule E”, substitute “as employment income under the 2003 Act.”;

(2)

In paragraph (1A)—

(a)

after “student loan repayments,”, insert “or a combined amount,”;

(b)

after the words “or such part of it as remains unpaid,”, insert “together with any interest payable on such amount,”;

(c)

in the last line for “item”, substitute “time”;

(3)

In paragraph (2) for “amount of tax”, substitute “other element of a combined amount”;

(4)

In paragraph (3)—

(a)

for sub-paragraph (b), substitute—

“(b)
the total amount which the employer is liable to pay to an officer of HMRC as a combined amount including any amount under regulation 39,”;

(b)

omit sub-paragraphs (c) and (d).

(c)

in the text immediately following those sub-paragraphs after “without specifying the respective amounts”, insert “of any component of a combined amount”.