Bloomberg Tax
March 17, 2023, 5:00 AM

United Kingdom Lower House Considers Statutory Instrument to Amend Income Tax PAYE Regulation

The United Kingdom House of Commons March 14 accepted for consideration Statutory Instrument No. 307/2023, to amend income tax regulations on Pay As You Earn (PAYE). The instrument includes measures that would: 1) require employers, as a general rule, to submit annual PAYE returns of other earnings, covering expenses and benefits, electronically using approved methods; and 2) waive penalties for noncompliance with the electronic filing requirement. The instrument would enter into force April 6. [United Kingdom, Government Legal Database, 03/14/23]

Reference: View Statutory Instrument No. 307/2023. View Index.