Part 11Pay As You Earn
Chapter 5PAYE settlement agreements
705Approximations allowed in calculations
PAYE regulations may provide for a PAYE settlement agreement to allow sums which an employer is to account for—
a
to be computed, if two or more persons hold employments to which the agreement relates, by reference to a number of those persons all taken together;
b
to include sums representing income tax on an estimated amount taken to be the aggregate of the amounts of PAYE income consisting of—
i
taxable benefits provided or made available by reason of the employments to which the agreement relates, and
ii
expenses paid to the persons holding those employments; and
c
to be computed in a manner under which they do not necessarily represent an amount of income tax which would be payable (apart from the agreement) by persons holding employments to which the agreement relates.