Amendment of Income Tax (Pay As You Earn) Regulations 200312
In paragraph (2) of regulation 108 (calculation of tax payable under PSA)—
a
substitute for sub-paragraph (d)—
d
the number of those employees respectively chargeable to income tax—
i
at only the basic rate for the tax year to which the PSA relates, and
ii
at both the basic rate and the higher rate for that tax year;
b
in sub-paragraph (e) for “the Inland Revenue” substitute “HMRC”.