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Finance Act 2012

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Change 1

What to do with it
As published

225 PAYE regulations: information

(1) Section 684 of ITEPA 2003 (PAYE regulations) is amended as follows. (2) In the list in subsection (2)— (a) after item 4 insert— 4ZA Provision— (a) for authorising or requiring a person who provides with respect to payments of or on account of PAYE income a service that is specified or of a specified description (“a relevant payment service”) to supply to Her Majesty's Revenue and Customs information about payments with respect to which the service is provided, or any information the Commissioners may request about features of the service provided or to be provided with respect to particular payments; (b) for conferring power on the Commissioners to specify by directions circumstances in which provision made by virtue of paragraph (a) or subsection (4ZB) is not to apply in relation to a payment; (c) for securing that a supply of information that is authorised by regulations under paragraph (a) is not treated as breaching any obligation of confidence owed in respect of the information by the person supplying it; (d) for prohibiting or restricting the disclosure, otherwise than to Her Majesty's Revenue and Customs, of information by a person to whom it was supplied pursuant to a requirement imposed by virtue of subsection (4ZB); (e) for requiring a person who provides, or is to provide, a relevant payment service to take steps (including any steps that may be specified, or further specified, in accordance with item 8A(b)) for facilitating the meeting by persons making payments of obligations imposed by virtue of subsection (4ZB). , and (b) after item 8 insert— 8A Provision requiring compliance with any directions the Commissioners may give— (a) about the form and manner in which any information is to be provided under the regulations; (b) specifying, or further specifying, steps for the purposes of item 4ZA(e); (c) specifying information that a person making payments of or on account of PAYE income must provide about the method by which the payments are made. (3) After subsection (3B) insert— (3C) References in items 4ZA and 8A of the above list to directions include directions making different provision for different cases. (4) After subsection (4) insert— (4ZA) Item 8A in the above list does not prejudice the power of the Commissioners under subsection (1) to make provision in PAYE regulations about the matters mentioned in that item. (4ZB) The persons to whom PAYE information regulations may require information to be supplied include, in the case of information about a payment, a person who provides, or is to provide, with respect to the payment a service such as is mentioned in item 4ZA(a) in the above list. (4ZC) In subsection (4ZB) “PAYE information regulations” means PAYE regulations that require information to be supplied for any purpose authorised by subsections (1) and (2).

Your change, as a redline

225 PAYE regulations: information

(1) Section 684 of ITEPA 2003 (PAYE regulations) is amended as follows. (2) In the list in subsection (2)— (a) after item 4 insert— 4ZA Provision— (a) for authorising or requiring a person who provides with respect to payments of or on account of PAYE income a service that is specified or of a specified description (“a relevant payment service”) to supply to Her Majesty's Revenue and Customs information about payments with respect to which the service is provided, or any information the Commissioners may request about features of the service provided or to be provided with respect to particular payments; (b) for conferring power on the Commissioners to specify by directions circumstances in which provision made by virtue of paragraph (a) or subsection (4ZB) is not to apply in relation to a payment; (c) for securing that a supply of information that is authorised by regulations under paragraph (a) is not treated as breaching any obligation of confidence owed in respect of the information by the person supplying it; (d) for prohibiting or restricting the disclosure, otherwise than to Her Majesty's Revenue and Customs, of information by a person to whom it was supplied pursuant to a requirement imposed by virtue of subsection (4ZB); (e) for requiring a person who provides, or is to provide, a relevant payment service to take steps (including any steps that may be specified, or further specified, in accordance with item 8A(b)) for facilitating the meeting by persons making payments of obligations imposed by virtue of subsection (4ZB). , and (b) after item 8 insert— 8A Provision requiring compliance with any directions the Commissioners may give— (a) about the form and manner in which any information is to be provided under the regulations; (b) specifying, or further specifying, steps for the purposes of item 4ZA(e); (c) specifying information that a person making payments of or on account of PAYE income must provide about the method by which the payments are made. (3) After subsection (3B) insert— (3C) References in items 4ZA and 8A of the above list to directions include directions making different provision for different cases. (4) After subsection (4) insert— (4ZA) Item 8A in the above list does not prejudice the power of the Commissioners under subsection (1) to make provision in PAYE regulations about the matters mentioned in that item. (4ZB) The persons to whom PAYE information regulations may require information to be supplied include, in the case of information about a payment, a person who provides, or is to provide, with respect to the payment a service such as is mentioned in item 4ZA(a) in the above list. (4ZC) In subsection (4ZB) “PAYE information regulations” means PAYE regulations that require information to be supplied for any purpose authorised by subsections (1) and (2).

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