The Income Tax (Pay As You Earn) Regulations 2003

[F1Income subject to retrospective tax provision — information to employeeU.K.

36A.—(1) This regulation applies if—

(a)a payment is made to an employee;

(b)the employment in connection with which it was paid ceases;

(c)the payment becomes a qualifying payment after the cessation of the employment;

(d)the tax year in which the payment was actually made is not closed, and

(e)the amount of the qualifying payment was not included in Form P45.

(2) If this regulation applies the person who made the payment must provide to the employee, without unreasonable delay after the relevant time, details of—

(a)the date on which the qualifying payment was actually made;

(b)the amount of the qualifying payment; and

(c)the amount of tax deducted under regulation 62(4) or (5).]

Textual Amendments