Appointed Days3.
(1)
6th May 2014 is the day appointed for the coming into force of section 101 of the Finance Act 2009 (late payment interest on sums due to HMRC) for the purposes of—
(a)
any PAYE amount payable by a PAYE employer to HMRC,
(b)
any Class 1 contributions amount payable by an employer to HMRC, and
(c)
any CIS amount payable by a contractor to HMRC,
which is due and payable for the tax year 2014-15 or for any subsequent tax year.
(2)
6th May 2014 is the day appointed for the coming into force of section 102 of the Finance Act 2009 (repayment interest on sums to be paid by HMRC) for the purposes of—
(a)
any PAYE amount repayable by HMRC to a PAYE employer,
(b)
any Class 1 contributions amount which fall to be repaid by HMRC to an employer, and
(c)
any CIS amount which falls to be repaid by HMRC to a contractor,
which was paid to HMRC for the tax year 2014-15 or any subsequent tax year.
(3)
In this article—
“contractor” has the meaning given by section 57 of the Finance Act 2004 (contractors);
“employer” means the secondary contributor in accordance with paragraph 1(2) of Schedule 4 to the Contributions Regulations (interpretation);
“employed earner” and “employed earner’s employment” have the same meaning as in paragraph 1(2) of Schedule 4 to the Contributions Regulations;
“PAYE employer” includes—
(a)
(b)
(c)
(d)
(e)
an employee to whom a direction notice under regulation 72(5A) or regulation 81(4) of the PAYE Regulations has been issued.