PART 7SPECIAL CASES
CHAPTER 4DIRECT COLLECTION AND SPECIAL ARRANGEMENTS
F1Circumstances in which payment of a lesser amount is to be treated as payment in full for the purposes of paragraph 6(2) of Schedule 56 to the Finance Act 2009147A
1
A payment that is less than the full amount due under regulation 67G(2) (payments to and recoveries from HMRC for each tax period), as adjusted by regulation 67H (payments due and recoveries from HMRC for each tax period: returns under regulation 67E(6)) where appropriate, will for the purposes of paragraph 6(2) of Schedule 56 to the Finance Act 2009 (amount of penalty: PAYE and CIS) be treated as payment of the full amount if the difference between the full amount and the amount paid is no more than £100 (“the tolerance”), but this is subject to paragraphs (2) and (3).
2
Paragraph (1) does not apply where—
a
the payment relates to a return which corrects information given in a return filed in respect of a relevant payment made in an earlier tax month, and
b
the return is delivered after 19th April following the end of the tax year in question.
3
If the total sum paid by the employer to HMRC for the tax period includes not only the amount due under regulation 67G(2), as adjusted by regulation 67H where appropriate, but also one or more of—
a
any earnings-related contributions (as defined by regulation 1(2) of the SSC Regulations 2001),
b
any payment under regulation 7(1) of the Income Tax (Construction Industry Scheme) Regulations 2005, or
c
any repayment due under the Student Loans Regulations,
the tolerance is applied to the total sum paid to HMRC for the tax period to which the payments relate.