111.—(1) A PSA must be—
(a)in writing, and
(b)signed and dated by the employer and [F1HMRC].
(2) A PSA must incorporate, whether by specification or indirect reference—
(a)the qualifying general earnings included in the PSA,
(b)the method of calculation, determined in accordance with regulation 108, of the amount of income tax for which the employer is to be accountable in respect of those qualifying general earnings, and
(c)the due date by which, in accordance with regulation 109, income tax in respect of those qualifying general earnings is due and payable.
[F2(3) In paragraph (1) “in writing” includes electronic communications and “signed” includes electronic signatures.]
Textual Amendments
F1Word in reg. 111(1)(b) substituted (6.4.2018) by The Income Tax (Pay As You Earn) (Amendment) Regulations 2018 (S.I. 2018/267), regs. 1, 11(a)
F2Reg. 111(3) inserted (6.4.2018) by The Income Tax (Pay As You Earn) (Amendment) Regulations 2018 (S.I. 2018/267), regs. 1, 11(b)
Commencement Information