Currently employers operating formal incentive award schemes can
pay the tax/Class 1A NICs arising on behalf of their employees by
entering into a Taxed Award Scheme (TAS).
Most awards under these schemes will be suitable for
inclusion in a PSA should the employer wish to do so.
A third party who provides awards to the employees of another
employer and who wishes to pay the employees tax/NICs bill cannot
use a PSA. A TAS should be used instead. See
PSA1110 for information about third party
benefits.
All Taxed Award Schemes are held centrally at the
HMRC Incentive Award Unit
Chapel Wharf Area
Floor 4
Trinity Bridge House
2 Dearmans Place
Salford
M3 5DS
Telephone 0161 2613269
