[F1Determination of Rate of DeductionU.K.
133C.—(1) On making any payment of a lump sum to a recipient during a tax year, the Department must deduct income tax at the F2... rate calculated in accordance with sub-paragraph (2).
(2) For the purposes of this chapter the F3... rate is either—
(a)the rate notified to the Department by the recipient in accordance with regulation 133D, or
(b)in default of any such notification, [F420%].]
Textual Amendments
F1Pt. 7 Ch. 2A added (6.4.2006) by The Income Tax (Pay As You Earn) (Amendment) Regulations 2006 (S.I. 2006/243), regs. 1, 3
F2Word in reg. 133C(1) omitted (6.4.2018) by virtue of The Income Tax (Pay As You Earn) (Amendment) Regulations 2018 (S.I. 2018/267), regs. 1, 19(a)
F3Word in reg. 133C(2) omitted (6.4.2018) by virtue of The Income Tax (Pay As You Earn) (Amendment) Regulations 2018 (S.I. 2018/267), regs. 1, 19(a)
F4Word in reg. 133C(2)(b) substituted (6.4.2018) by The Income Tax (Pay As You Earn) (Amendment) Regulations 2018 (S.I. 2018/267), regs. 1, 19(b)