C1Part 11Pay As You Earn

Annotations:
Modifications etc. (not altering text)
C1

Pt. 11 power to amend or repeal conferred (21.7.2009) by Finance Act 2009 (c. 10), Sch. 58 para. 10

Chapter 5PAYE settlement agreements

703Introduction

This Chapter provides—

a

for employers to make agreements with F1an officer of Revenue and Customs (“PAYE settlement agreements”) under which they agree to be accountable to the F2Commissioners for sums in respect of income tax on general earnings of their employees; and

b

for such earnings to be treated for certain purposes of the Income Tax Acts as excluded from the employees' income.