Business Tax: PAYE and CIS

Business Tax: PAYE and CIS

The Income Tax (Pay As You Earn) (Amendment) Regulations SI 2010/668 make amendments in relation to the determination of amounts owed by employers online filing of returns and electronic payment of tax. Employers will be allowed for the first time to provide the pay and tax certificate P60 electronically to employees. The Social Security (Contributions) (Amendment No. 4) Regulations SI 2010/721 make amendments in relation to penalties in respect of Class 1 1A and 1B NICs and changes in relation to mandatory online filing and electronic payment. They also remove a requirement relating to form P60 that was inadvertently introduced in earlier amending regulations. The Income Tax (Construction Industry Scheme) (Amendment) Regulations SI 2010/717 make amendments to ensure consistency between the PAYE system and the Construction Industry Scheme following a number of changes to the...