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. 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.
