PART 3DEDUCTION AND REPAYMENT OF TAX
F1CHAPTER 3ABENEFITS IN KIND
Annotations:
Amendments (Textual)
Information to specified employees61M
1
Before 1st June following the end of the tax year in which the specified benefits have been provided, an authorised employer must provide a statement to every specified employee identifying—
a
every specified benefit provided to that employee during that tax year; and
b
the cash equivalent of the specified benefit provided during that tax year treated as a payment of PAYE income under this Chapter.
2
In this regulation—
a
“authorised employer” includes an employer who ceased to be an authorised employer during or after the tax year; and
b
“specified employee” includes an employee who was a specified employee for only part of the tax year.
Pt. 3 Ch. 3A inserted (with effect in accordance with reg. 1(4) of the amending S.I.) by The Income Tax (Pay As You Earn) (Amendment No. 4) Regulations 2015 (S.I. 2015/1927), regs. 1(1), 6