The following Employment Tax guidance note Produced by Tolley in association with Robert Woodward provides comprehensive and up to date tax information covering:
An employer may want to vary a PSA in two ways:
to change the items covered
to adjust the calculation
Varying the benefits covered in a PAYE settlement agreement (PSA), provided this takes place before the PSA deadline (6 July following the end of the tax year) and assuming HMRC agrees, should not pose any problems. Variation after the deadline can take place but only at HMRC’s discretion. Variation can be applied for by writing to the HMRC office that issued the PSA as there is no standard form.
If HMRC does not agree to the inclusion of additional benefits in a PSA, the default position is that they must be declared on form P11D. If, however, the P11Ds already been submitted, employers will need to either submit updated P11Ds or consider voluntary disclosure of the benefits not reported to HMRC (see the What if the P11D is wrong? guidance note).
On a practical level, if a benefit is already included in a PSA but has not actually been provided by the employer
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