PART 6PAYE SETTLEMENT AGREEMENTS
Making and effect of PSA
F1HMRC and employer may make PSAI1105
1
2
In relation to qualifying general earnings included in the agreement, the employer is—
a
accountable to F5HMRC in accordance with the terms of the agreement and this Part, and
b
not accountable in accordance with the rest of these Regulations.
3
Such an agreement is referred to as a PAYE settlement agreement (“PSA”).
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A PSA will continue to have effect until cancelled.