TaxPersonal TaxClearer PAYE regulations in the pipeline

Clearer PAYE regulations in the pipeline

The Inland Revenue have launched consultations on the next phase of the work of the Tax Law Rewrite Project, covering the drafting of new pay as you earn regulations, with the aim of making the rules clearer without any major changes in principle.

Link: Tax Rewrite body looks at earnings and pensions

A Bill on PAYE regulations is due out this year and will come into force in April 2004.

At the same time the Revenue issued a paper seeking comment on proposed changes to national insurance contributions arrangements aligning appeal rights for NICs with those for PAYE.

The TLRP was set up more than five years with aiming of simplifying tax legislation.

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