The Income Tax (Pay As You Earn) (Amendment No. 2) Regulations 2017
These Regulations make amendments to the Income Tax (Pay As You Earn) Regulations 2003 (S.I. 2003/2682) (“the PAYE regulations”)—so the taxable amount due in respect of optional remuneration arrangements and salary sacrifice arrangements, where a specified benefit is chosen instead of a cash payment and as listed in section 69A of the Income Tax (Earnings and Pensions) Act 2003 (“ITEPA”) can be calculated in accordance with Chapter 3A of the PAYE regulations;so employers can report car data information to Her Majesty’s Revenue and Customs (“HMRC”) through PAYE Real Time Information Returns in respect of cars provided to employees as benefits in kind where the employer is voluntarily payrolling.