The Income Tax (Pay As You Earn) (Amendment) Regulations, SI 2012/822, amend SI 2003/2682 to introduce Real Time Information (RTI), and close the simplified PAYE deduction scheme to new employers, from April 2012
The Income Tax (Pay As You Earn) (Amendment) Regulations, SI 2012/822, amend SI 2003/2682 to introduce Real Time Information (RTI), and close the simplified PAYE deduction scheme to new employers, from April 2012. They also provide that where a payment to an employee in the form of employment-related securities, made by a former employer and not included in form P45, is to be taxed using code 0T on a non-cumulative basis; and they give HMRC the power to require security for the payment of sums due under the PAYE system.
The Social Security (Contributions) (Amendment No. 3) Regulations, SI 2012/821, amend SI 2001/1004 to introduce RTI; to give HMRC the power to require security for payment of Class 1 and 1A NICs; and to make several other changes. The Income Tax (Construction Industry Scheme) (Amendment) Regulations, SI 2012/820, make minor changes to SI 2005/2045 necessary for the introduction of RTI.
The Income Tax (Pay As You Earn) (Amendment) Regulations, SI 2012/822, amend SI 2003/2682 to introduce Real Time Information (RTI), and close the simplified PAYE deduction scheme to new employers, from April 2012
The Income Tax (Pay As You Earn) (Amendment) Regulations, SI 2012/822, amend SI 2003/2682 to introduce Real Time Information (RTI), and close the simplified PAYE deduction scheme to new employers, from April 2012. They also provide that where a payment to an employee in the form of employment-related securities, made by a former employer and not included in form P45, is to be taxed using code 0T on a non-cumulative basis; and they give HMRC the power to require security for the payment of sums due under the PAYE system.
The Social Security (Contributions) (Amendment No. 3) Regulations, SI 2012/821, amend SI 2001/1004 to introduce RTI; to give HMRC the power to require security for payment of Class 1 and 1A NICs; and to make several other changes. The Income Tax (Construction Industry Scheme) (Amendment) Regulations, SI 2012/820, make minor changes to SI 2005/2045 necessary for the introduction of RTI.
