C1Part 11Pay As You Earn
Chapter 3PAYE: special types of payer or payee
687AF1Payment of employment income under Part 7A
1
This section applies if—
a
the value of a relevant step counts as employment income under Chapter 2 of Part 7A, and
b
the relevant step is the payment of a sum of money,
and references to A and B are to be read accordingly.
2
For the purposes of PAYE regulations B is treated as making a payment of PAYE income of A of an amount which, on the basis of the best estimate which can reasonably be made, is the amount of the employment income.
3
The payment is treated as made on the latest of the following days—
a
the day on which the relevant step is taken,
b
the day on which A's employment with B starts, and
c
the day which is 30 days after the day on which FA 2011 is passed.
4
Subsection (2) does not apply if the person who takes the relevant step (whether or not a person to whom PAYE regulations apply) deducts income tax from the payment, and accounts for it, in accordance with PAYE regulations.
Pt. 11 power to amend or repeal conferred (21.7.2009) by Finance Act 2009 (c. 10), Sch. 58 para. 10