Income Tax (Pay As You Earn) (Amendment No.4) Regulations 2015 come into force

Implementation date: 14 December 2015

The Income Tax (Pay As You Earn) (Amendment No.4) Regulations 2015 (SI 2015/1927) amend the Income Tax (Pay As You Earn) Regulations 2003 (SI 2003/2682) to remove the requirement for employers to report certain expenses payments on form P11D; allow employers to deduct income tax on certain benefits through the PAYE system and not report those benefits to HM Revenue and Customs on form P11D; and deal with consequential effects of the repeal of chapter 11 of part 3 of the Income Tax (Earnings and Pensions) Act 2003, which removed the £8,500 threshold below which certain benefits in kind and expenses were exempted from income tax.