Regulation 60 Inspection of employers’ recordsI1
United Kingdom
For the purposes of carrying out inspections of an employer’s records in relation to checking their compliance with this Part, Schedule 36 to the Finance Act 2008f1 (information and inspection powers) applies as it applies in relation to checking a person’s tax position (as defined in that Schedule) subject to the modifications in paragraph (2).
The modifications are —
any reference to any provision of the Taxes Acts is to be treated as a reference to this Part;
the reference to information relating to the conduct of a pending appeal relating to tax is to be treated as a reference to information relating to the conduct of a pending appeal relating to compliance with this Part;
paragraph 21 is omitted; and
any reference to “statutory records” includes all documents and records relating to the repayments requiring deduction under this Part including any notice received under regulation 50(9).
Statutory records (as defined in Schedule 36) must be retained by the employer for not less than 3 years after the end of the tax year to which they relate.
HMRC may, in relation to each inspection, prepare a certificate showing—
the amount in respect of F1... repayments which it appears from the documents and records produced that the employer is liable to pay HMRC for the years or income tax periods covered by the inspection; and
any amount in respect of such F2... repayments which has not been paid to HMRC.
A certificate under paragraph (4) is sufficient evidence that the employer is liable to pay the amount shown in the certificate pursuant to paragraph (4)(b) to HMRC in respect of the years or income tax periods shown in the certificate.
Any document purporting to be a certificate under paragraph (4) is deemed to be such a certificate until the contrary is proved.
Annotations
Textual amendments
- F1
Words in reg. 60(4)(a) omitted (6.4.2023) by virtue of The Education (Student Loans) (Repayment) (Amendment) (No. 4) Regulations 2022 (S.I. 2022/1335), regs. 2(2), 50
- F2
Words in reg. 60(4)(b) omitted (5.9.2017) by virtue of The Repayment of Student Loans and Postgraduate Master’s Degree Loans (Amendment) Regulations 2017 (S.I. 2017/831), regs. 1(1), 32(b)
Commencement
Footnotes
- f1