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Official guidance
National Insurance Manual

NIM18000 · Class 1B National Insurance Contributions

  • NIM18001 · Class 1B NICs: Liability: Relevant legislation
  • NIM18010 · Class 1B NICs: Liability: what are Class 1B NICs?
  • NIM18020 · Class 1B NICs: liability: what is a PAYE settlement agreement (PSA)?
  • NIM18030 · Class 1B NICs: liability: what does a PSA cover?
  • NIM18040 · Class 1B NICs: Liability: what does a PSA not cover?
  • NIM18050 · Class 1B NICs: liability: general procedure
  • NIM18060 · Class 1B NICs: liability: calculation: general
  • NIM18070 · Class 1B NICs: Liability: Calculation: Rounding
  • NIM18080 · Class 1B NICs: liability: calculation: example
  • NIM18090 · Class 1B NICs: liability: calculation: why are Class 1B NICs due on the tax paid under a PSA?
  • NIM18100 · Class 1B NICs: liability: payment date for Class 1B NICs
  • NIM18110 · Class 1B NICs: liability: what if Class 1 or Class 1A liability arises before the PSA is formally agreed?
  • NIM18120 · Class 1B NICs: liability: record keeping
  • NIM18130 · Class 1B NICs: Liability: Underpayments
  • NIM18140 · Class 1B NICs: liability: overpayments
  • NIM18150 · Class 1B NICs: liability: residence and presence conditions
  • NIM18160 · Class 1B NICs: liability: special requirements for Statutory Payments
  • NIM19000 · Class 1B NICs: exceptions from liability
  1. Class 1B National Insurance Contributions: Contents
  2. Class 1B NICs: liability: what is a PAYE settlement agreement (PSA)?

NIM18020 | Class 1B NICs: liability: what is a PAYE settlement agreement (PSA)?

From HM Revenue & Customs · National Insurance Manual

A PAYE Settlement Agreement (PSA) is a formal agreement between HMRC and an employer. It allows the employer to account for tax on certain expense payments and benefits in a lump sum after the end of the tax year.

See PSA1000 for guidance about PSAs.

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