§ The Paymaster General (Dawn Primarolo)The tax law rewrite project at the Inland Revenue has completed its rewrite of the pay-as-you-earn (PAYE) regulations. The regulations were laid today. They were accompanied by a detailed commentary on them by the project. Copies of the commentary have been placed in the Library of the House.
The rewritten regulations complement the modernisation of the legislation for employment income in the Income Tax (Earnings and Pensions) Act 2003.
16WSThere will be no change in practice for employers and employees generally. But those who do use the regulations will find them clearer and more consistent.