Simplifying PAYE Settlement Agreements

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The process for administering and agreeing PSA has changed to reduce the burden for employers.
From 6 April 2018, a PSA will be agreed between the employer and HMRC and will remain in place for subsequent tax years unless changed or cancelled by the employer or HMRC.
This means that employers will no longer have to renew their PSAs annually, so long as this enduring agreement remains accurate.
As with all of our tax tips and web pages this information is necessarily summarised and of a general nature.  If you would like detailed specific advice please contact us.