[F1HMRC] and employer may make PSAU.K.
105.—(1) [F2HMRC] and an employer may agree that paragraph (2) applies in respect of income tax on qualifying general earnings of the employer’s employees for a tax year [F3and for any subsequent tax years].
(2) In relation to qualifying general earnings included in the agreement, the employer is—
(a)accountable to [F4HMRC] in accordance with the terms of the agreement and this Part, and
(b)not accountable in accordance with the rest of these Regulations.
(3) Such an agreement is referred to as a PAYE settlement agreement (“PSA”).
[F5(4) A PSA will continue to have effect until cancelled.]
Textual Amendments
F1Word in reg. 105 heading substituted (6.4.2018) by The Income Tax (Pay As You Earn) (Amendment) Regulations 2018 (S.I. 2018/267), regs. 1, 7(a)
F2Words in reg. 105(1) substituted (6.4.2018) by The Income Tax (Pay As You Earn) (Amendment) Regulations 2018 (S.I. 2018/267), regs. 1, 7(b)(i)
F3Words in reg. 105(1) inserted (6.4.2018) by The Income Tax (Pay As You Earn) (Amendment) Regulations 2018 (S.I. 2018/267), regs. 1, 7(b)(ii)
F4Word in reg. 105(2)(a) substituted (6.4.2018) by The Income Tax (Pay As You Earn) (Amendment) Regulations 2018 (S.I. 2018/267), regs. 1, 7(c)
F5Reg. 105(4) inserted (6.4.2018) by The Income Tax (Pay As You Earn) (Amendment) Regulations 2018 (S.I. 2018/267), regs. 1, 7(d)
Commencement Information