Regulation 4 Amendment of the Income Tax (Pay As You Earn) Regulations 2003

In Schedule A1^f1 (real time returns)—

(a)

after paragraph 16 insert—

“16A.

The value of any relevant payments^f2 to date in this employment that are treated as payments of PAYE income for the purposes of the PAYE regulations by virtue of sections 687A or 695A of ITEPA^f3.”, and

(b)

in paragraph 17 for “those payments” substitute “the total payments to date in this employment”.

Annotations

Footnotes

f1: Schedule A1 was inserted by S.I. 2012/822.
f2: See regulation 4 of S.I. 2003/2682 for the meaning of “relevant payments”.
f3: See regulation 2 of S.I. 2003/2682 which defines “ITEPA” as meaning The Income Tax (Earnings and Pensions) Act 2003 (c. 1). Section 687A was inserted by paragraph 29 of Schedule 2 to the Finance Act 2011 (c. 11). Section 695A was inserted by paragraph 31 of Schedule 2 to the Finance Act 2011.