Regulation 16 Amendment of the Income Tax (Pay As You Earn) Regulations 2003

In regulation 117 (inspection of PSA records)—

(a)

in the heading for “Inspection” substitute “Retention”,

(b)

for paragraph (1) substitute—

“(1)
An employer must keep PSA records for not less than 3 years after the end of the most recent tax year to which they relate.”,

(c)

in paragraph (2)—

(i)

in sub-paragraph (b) for “the Board of Inland Revenue” substitute “HMRC”,

(ii)

in sub-paragraph (c) for “the Inland Revenue” substitute “HMRC”, and

(d)

omit paragraphs (3), (4), (5), (6),(7) and (8).