2015 No. 1667
The Income Tax (Pay As You Earn) (Amendment No. 3) Regulations 2015
Made
Laid before the House of Commons
Coming into force
Citation, commencement and effect1
1
These Regulations may be cited as the Income Tax (Pay As You Earn) (Amendment No. 3) Regulations 2015 and come into force on 1st October 2015.
2
The amendments made by these Regulations have effect in relation to the tax year appointed by the Treasury under section 25(5) of the Scotland Act 20123 and subsequent tax years.
Amendment of the Income Tax (Pay As You Earn) Regulations 2003
2
The Income Tax (Pay As You Earn) Regulations 20034 are amended as follows.
3
In regulation 2 (interpretation)—
a
b
in the definition of “basic rate” for “section 1(2)(a) of ICTA” substitute “section 6(2) of ITA, except where the employee is a Scottish taxpayer where it means the Scottish basic rate of income tax determined under section 6A of that Act”;
c
in the definition of “higher rate” for “section 1(2)(b) of ICTA” substitute “section 6(2) of ITA, except where the employee is a Scottish taxpayer where it means the Scottish higher rate of income tax determined under section 6A of that Act”; and
4
In regulation 7 (meaning of “code” etc)11 after paragraph (2) insert—
2A
“S code” means a code which effects deductions of tax at the rates determined under section 6A of ITA.
5
In regulation 133A (interpretation of Chapter 2A)12—
a
after “the Act” insert—
“basic rate”, in relation to the charging of income tax for any tax year, means the rate of income tax determined under section 6(2) of ITA;
b
after “the Department” insert—
“higher rate”, in relation to the charging of income tax for any tax year, means the rate of income tax determined under section 6(2) of ITA;
(This note is not part of the Regulations)