SCHEDULES

SCHEDULE 1Employment income provided through third parties

PART 4Loans etc outstanding on 5 April 2019

12PAYE: employee of non-UK employer

1

Section 689 of ITEPA 2003 (PAYE: employee of non-UK employer) is amended in accordance with this paragraph.

2

In subsection (4), in the words before paragraph (a), after “employee,” insert “and if the case is not within subsection (4A),”.

3

After subsection (4) insert—

4A

A case is within this subsection if—

a

the section concerned is section 687A or 695A (employment income under Part 7A), and

b

the relevant step concerned is within paragraph 1 of Schedule 11 to F(No. 2)A 2017 (loans etc outstanding on 5 April 2019).

(And this section does not apply in a case within this subsection.)