Section RP 15 — Income Tax Act 2007: When employers have authorised transfers from accounts

RP 15 When employers have authorised transfers from accounts If a PAYE intermediary has been given an authorisation by an employer under section RP 2(1) , the intermediary must direct that, at or before the time of the transfer of the payment of salary or wages, an amount equal to the amount of tax for the payment required under the PAYE rules and ESCT rules is transferred to— (a) the Commissioner; or (b) the trust account established by the PAYE intermediary and identified in the employer’s notice under section 15J of the Tax Administration Act 1994. Defined in this Act: amount , amount of tax , Commissioner , employer , ESCT rules , notice , pay , PAYE intermediary , PAYE rules , salary or wages , Compare: 2004 No 35 s NBA 5(1B)