The Income Tax (Employments) (Amendment) Regulations 1993

Explanatory Note

(This note is not part of the Regulations)

These Regulations amend the Income Tax (Employments) Regulations 1993 (S.I.1993/744) (“the principal Regulations”).

The enactment of the Finance Act 1993 (c. 34) (“the 1993 Act”) has led to two amendments.First, regulation 3 amends regulation 2 of the principal Regulations so as to provide that payments of emoluments consisting of “qualifying removal expenses” of an employee within the meaning of paragraph 3 of Schedule 11A to the Income and Corporation Taxes Act 1988 (inserted by Schedule 5 to the 1993 Act) which are liable to tax under Schedule E as exceeding a qualifying limit, are not required to be subject to Pay As You Earn.Secondly regulations 8 to 10 amend regulation 46 of the principal Regulations so as to include particulars of removal expenses and benefits within Schedule 11A, which are liable to tax as exceeding the qualifying limit, among the particulars which must be given in returns made under that regulation.

Regulations 4 to 7 and 11 to 13 make amendments of a drafting nature to the principal Regulations.

Regulation 14 revokes regulation 8 of the Profit-Related Pay (Shortfall Recovery) Regulations 1988 (S.I.1988/640).Regulation 8 amended the Income Tax (Employments) Regulations 1973 (S.I.1973/334) which were revoked by the principal Regulations, so that the regulation is now obsolete.