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Draft legislation: The Income Tax (Pay As You Earn) Regulations 2017

16 Nov

Draft legislation: The Income Tax (Pay As You Earn) Regulations 2017

A technical consultation paper about income tax regulations was published on November 14 and is open for comment until 28 November 2017.
The consultation paper incorporates draft PAYE Regulations and invites comments about the planned changes in respect of Car Data Reporting Requirements and the Reporting of Taxable Amounts due under Optional Remuneration Arrangements (salary sacrifice).

Changes are due to be introduced from April 2018.

For more information please visit this website.

source: – taxagents.blog.gov.uk

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