PART 6U.K.PAYE SETTLEMENT AGREEMENTS

RecordsU.K.

[F1Retention] of PSA recordsU.K.

117.[F2(1) An employer must keep PSA records for not less than 3 years after the end of the most recent tax year to which they relate.]

(2) “PSA records” means all books, documents and other records relating to—

(a)the qualifying general earnings comprised in the PSA,

(b)the calculation of amounts for which the employer is accountable to [F3HMRC] in accordance with the PSA, and

(c)the payment of those amounts to [F4HMRC].

F5(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F6(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F7(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F8(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F9(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F10(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .