Payments to and recoveries from HMRC for each tax period by Real Time Information employers: returns under paragraph 21E(6)U.K.
8. After paragraph 11 of Schedule 4 insert—
“Payments to and recoveries from HMRC for each tax period by Real Time Information employers: returns under paragraph 21E(6)
11ZA.—(1) This paragraph applies if, during any tax period, an employer makes a return under paragraph 21E(6) (returns under paragraph 21A and 21D: amendments) other than by virtue of paragraph 21E(4).
(2) The amount specified in paragraph 10(2) or, as the case may be, 11(2) for the final tax period in the year covered by the return is to be adjusted to take account of the information in the return.
(3) If the value of the adjustment required by paragraph (2) is a negative amount, the employer may recover that amount—
(a)by setting it off against the amount the employer is liable to pay under paragraph 10(2) or, as the case may be, 11(2) for the tax period the return is made in; or
(b)from the Commissioners for Her Majesty's Revenue and Customs.
(4) But paragraph (3) does not apply in relation to primary Class 1 contributions in a case where those contributions were deducted in error and the excess deduction has not been refunded to the employee.”.