PAYE49025 - employer returns: issue / cancel employer returns: other incentive award schemes
Circumstances may arise where an employer has employees in receipt of payments from a third party. These may include
- Expenses paid
- Benefits provided
- Vouchers exchangeable for money, goods or services
Each year a return under Section 15(9) TMA 1970 is required from
the providers of these type of payments.
A record of known providers of such payments is retained in
the employer-related electronic file ‘Other Incentive Award
schemes’. Additional providers will be identified when
reviewing the information given by employers on their annual
return.
An annual review of the employer-related electronic file must
be made before the end of every tax year. The provider will be
asked to declare details of the benefits and other payments
made.
