Land Remediation Relief: Tax Credit: Arrears of PAYE or NI
A tax credit should not be paid until the company has paid any amounts owing:
- under the PAYE regulations, or
- any Class 1 national insurance contributions,
for a payment period ending in that accounting period.
‘Payment period’ means a period, ending on the 5th day of a month, for which the company is liable to account to HMRC for income tax and national insurance contributions.