Income Tax (Earnings and Pensions) Act 2003

Finance Act 2000 (c. 17) U.K.

242 U.K. The Finance Act 2000 is amended as follows.

243 (1) Amend section 38 (payroll deduction scheme) as follows. U.K.

(2) In subsection (1)—

(a) for “under section 202 of the Taxes Act 1988” substitute “ for the purposes of section 714 of the Income Tax (Earnings and Pensions) Act 2003 ”,

(b) for “an employer” substitute “ a person ”,

(c) for “employee” substitute “ individual ”, and

(d) for “employer”, in the second place where it occurs, substitute “ person ”.

(3) In subsection (4) for the definitions of “agent”, “employee” and “employer” substitute—

““agent” means an agent approved for the purposes of section 714 of the Income Tax (Earnings and Pensions) Act 2003;”.

244 (1) Amend Schedule 12 (provision of services through an intermediary) as follows. U.K.

(2) In paragraph 17—

(a) for “deemed Schedule E payment”, in each place, substitute “ deemed employment payment ”; and

(b) after sub-paragraph (3) insert—

“(4) In this paragraph and paragraph 18 expressions that are also used in Chapter 8 of Part 2 of the Income Tax (Earnings and Pensions) Act 2003 have the same meaning as in that Chapter.”

(3) In paragraph 18—

(a) in sub-paragraph (1) for “deemed Schedule E payment” substitute “ deemed employment payment ”; and

(b) in sub-paragraph (3)(a) for “Schedule E” substitute “ the employment income Parts of the Income Tax (Earnings and Pensions) Act 2003 ”.

F1 245 U.K. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F1 Sch. 6 para. 245 repealed (with effect in accordance with Sch. 17 para. 5(2) of the amending Act) by Finance Act 2004 (c. 12), Sch. 42 Pt. 2(12)