The Income Tax (Pay As You Earn) (Amendment) Regulations, SI 2018/267, provide for various changes taking effect from 6 April 2018, including the new PAYE settlement agreement (PSA) process.
These regulations cover:
new Scottish income tax rate bands and deductions from state pension lump sums at UK rates;
revised PAYE settlement agreement (PSA) process, introducing ‘enduring agreements’ in place of the need for employers to renew annually; and
minor corrections in relation to the apprenticeship levy.
HMRC consulted during February on a draft of the PSA provisions, which followed the main consultation in 2016.
The Income Tax (Pay As You Earn) (Amendment) Regulations, SI 2018/267, provide for various changes taking effect from 6 April 2018, including the new PAYE settlement agreement (PSA) process.
These regulations cover:
new Scottish income tax rate bands and deductions from state pension lump sums at UK rates;
revised PAYE settlement agreement (PSA) process, introducing ‘enduring agreements’ in place of the need for employers to renew annually; and
minor corrections in relation to the apprenticeship levy.
HMRC consulted during February on a draft of the PSA provisions, which followed the main consultation in 2016.
