The Income Tax (Pay as You Earn) (Amendment) Regulations 2007

Amendment of the Income Tax (Pay as You Earn) Regulations 2003

14.—(1) Amend regulation 70 (quarterly tax periods)(1) as follows.

(2) After paragraph (1) insert—

“(1A) But this regulation does not apply, so that the tax period remains a month, in respect of amounts of retrospective employment income.”.

(3) In paragraph (3)—

(a) in the definition of “P”(2) after “regulation 68” insert “but disregarding any amount payable in respect of retrospective employment income”;

(b) in the definition of “N”(3) after sub-paragraph (a) insert—

“(aa) any amount payable under retrospective contributions regulations (see paragraph 1(2) of Schedule 4 to the SSC Regulations) in respect of retrospective earnings (within the meaning of those Regulations);”.

(1)

Regulation 70 was amended by regulation 3 of S.I. 2006/777.

(2)

This definition was amended by regulation 3(b)(i) of S.I. 2006/777.

(3)

This definition was amended by regulation 3(b)(iii) of S.I. 2006/777.