Amendment of the Income Tax (Pay As You Earn) Regulations 20032
The Income Tax (Pay As You Earn) Regulations 20032 are amended as follows—
a
insert after regulation 67G(3) (payments to and recoveries from HMRC for each tax period by Real Time Information employers)3—
3A
Where a return for a tax period4 contains a correction under regulation 67E(5) (returns under regulations 67B and 67D: amendments))5 and paragraph (3) of this regulation applies, the negative amount is treated as having been paid to HMRC6—
a
17 days after the end of the tax period in respect of which that return is delivered, where payment is made using an approved method of electronic communications7, or
b
14 days after the end of the tax period in respect of which that return is delivered, in any other case.
b
insert after regulation 67H(3) (payments to and recoveries from HMRC for each tax period by Real Time Information employers: returns under regulation 67E(6))8—
4
Where the value of the adjustment is a negative amount, that amount is treated as having been paid to HMRC—
a
17 days after the end of the final tax period of the tax year9 the return relates to, if payment is made using an approved method of electronic communications, or
b
14 days after the end of the final tax period of the tax year the return relates to, in any other case.
c
insert after regulation 69(1) (due date and receipts for payment of tax)10—
1A
In paragraph (1), the reference to amounts due under regulation 67G(2) includes any amount the employer was liable to deduct from employees during the tax period whether or not that amount was included in any return under regulation 67B (real time returns of information about relevant payments) or 67D (exceptions to regulation 67B).