E4.1120 Notional payments—overview
There are several scenarios where emoluments, paid other than in cash, are both assessable to tax and subject to PAYE. There are known as 'notional payments'.
There are a number of different types of notional payments within the PAYE regime. The rules currently1 deal with the following:
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•ÌýÌýÌýÌý payments by intermediaries ie a person paying the employee on behalf of the employer, or certain trustees holding property of the employee (see E4.1121)
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•ÌýÌýÌýÌý notional payments' obligations of a UK business where a person working for them does not have PAYE deducted by their non-resident employer (see E4.1122)
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•ÌýÌýÌýÌý cash vouchers, non-cash vouchers and credit-tokens (see E4.1123)
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Web page updated on 17 Mar 2025 14:39