The Income Tax (Pay As You Earn) Regulations 2003 No. 2682

PART 6U.K.PAYE SETTLEMENT AGREEMENTS

113.—(1) [F1HMRC] and the employer may, by agreement and consistently with the provisions of this Part, vary the terms of a PSA entered into by them.

(2) The agreement must be—

(a)in writing, and

(b)signed and dated by the employer and by [F2HMRC].

(3) The last date for variation of a PSA is 6th July following the end of the [F3first tax year to which the variation relates] F4....

[F5(4) In paragraph (2) “in writing” includes electronic communications and “signed” includes electronic signatures.]

Textual Amendments

Commencement Information

I1Reg. 113 in force at 6.4.2004, see reg. 1

114.—[F6(1) Either HMRC or the employer may cancel a PSA.]

(2) Cancellation must be effected by [F7a notice in writing to the other party].

(3) A cancellation comes into effect from the date of the notice.

(4) If a PSA is cancelled, this Part does not apply to general earnings—

(a)to which the cancelled PSA related, and

(b)which are paid, or (as the case may be) provided or made available, after the employer receives notice of the cancellation.

[F8(5) In paragraph (2) “in writing” includes electronic communications.]

Textual Amendments

Commencement Information

I2Reg. 114 in force at 6.4.2004, see reg. 1