Regulation 14D Recovery of debts: overall limitF1
This regulation applies where HMRC determines a code under, or by reference to, one or both of the following provisions—
regulation 14A(1) (determination of code in respect of recovery of relevant debts); or
regulation 14C(1) (determination of code in respect of recovery of tax credit debts).
Column 2 of Table 1A sets out the total amount of debt that may be recovered from an employee (“E”) under a code to which this regulation applies, by reference to the expected amount of PAYE income of E in the tax year for which that code is determined.
TABLE 1A
TOTAL AMOUNT OF DEBT THAT MAY BE RECOVERED
| 1 The expected amount of PAYE income of E in the tax year for which the code is determined | 2 The total amount of debt that may be recovered from E in that tax year |
|---|---|
| Less than £30,000 | No more than £3,000 |
| £30,000 or more but less than £40,000 | No more than £5,000 |
| £40,000 or more but less than £50,000 | No more than £7,000 |
| £50,000 or more but less than £60,000 | No more than £9,000 |
| £60,000 or more but less than £70,000 | No more than £11,000 |
| £70,000 or more but less than £80,000 | No more than £13,000 |
| £80,000 or more but less than £90,000 | No more than £15,000 |
| £90,000 or more | No more than £17,000. |
In this regulation the “total amount of debt” means the sum recovered or to be recovered by virtue of a code determined under, or by reference to, one or both of regulations 14A(1) or 14C(1).
Annotations
Textual amendments
- F1
Regs. 14C, 14D inserted (with effect in accordance with art. 1(3) of the amending S.I.) by The Income Tax (Pay As You Earn) (Amendment No. 4) Regulations 2014 (S.I. 2014/2689), regs. 1(1), 4