Amendment of the Income Tax (Pay As You Earn) Regulations 20036
In regulation 185 (adjusting total net tax deducted for the purposes of sections 59A(1) and 59B(1) TMA)26—
a
in the heading for “59A(1) and 59B(1)” substitute “59A(1), 59B(1) and 59BA(2)”;
b
in paragraph (1)(a) omit “and”;
c
in paragraph (1)(b) for “at source).” substitute “at source), and”;
d
after paragraph (1)(b) insert—
c
the difference mentioned in section 59BA(2) of TMA (payments of income tax and capital gains tax: difference between tax contained in simple assessment and aggregate of payments on account or deducted at source).
e
in paragraph (6) in the definition of “relevant tax year” after sub-paragraph (b) insert—
c
in relation to section 59BA(2) of TMA the tax year for which the simple assessment referred to in that subsection is made;
f
in paragraph (6) in the definition of “the taxpayer” after “section 59B(1) of TMA” insert—
or the person whose simple assessment is referred to in section 59BA(2) of TMA