This section has no associated Explanatory Notes
6U.K.After that subsection insert—
“(7AA)In this section “relevant debt”, in relation to a payee, means—
(a)a sum payable by the payee to the Commissioners under or by virtue of an enactment, other than an excluded debt, and
(b)a sum payable by the payee to the Commissioners under a contract settlement.
(7AB)For the purposes of subsection (7AA)—
(a)child tax credit or working tax credit that the payee is liable to repay is an excluded debt, and
(b)if the payee is an employer, any amount that the payee is required to deduct from the PAYE income of employees for a tax year is an excluded debt until the tax year has ended.”