PART 3 U.K. DEDUCTION AND REPAYMENT OF TAX

CHAPTER 1 U.K. DEDUCTION AND REPAYMENT

[F1 Higher rate, additional rate and nil tax codes] U.K.

Textual Amendments

F1 Reg. 32 cross-heading substituted (6.4.2011) by The Income Tax (Pay As You Earn) (Amendment) Regulations 2011 (S.I. 2011/729), regs. 1, 6

Nil tax code: no deductions or repayments U.K.

33.—(1) If an employee’s code is the nil tax code the employer must not deduct or repay any tax, and so regulation 22 (cumulative basis) does not apply.

(2) But—

(a) if the nil tax code is an amended code, and

(b) the Inland Revenue so direct,

regulation 22 applies to the next relevant payment the employer makes in the same tax year, and the employer must make any repayment of tax due.

Commencement Information

I1 Reg. 33 in force at 6.4.2004, see reg. 1