Section Sch50-“ 24G — Income Tax Act 2007: Use of incorrect tax codes

“ 24G Use of incorrect tax codes “ (1) This section applies when the Commissioner considers that an employer or PAYE intermediary has used an incorrect tax code in relation to a PAYE income payment to an employee. “ (2) The Commissioner may notify the employer or PAYE intermediary of the incorrect code and provide the tax code that should apply to the PAYE income payment. “ (3) The employer or PAYE intermediary must use the tax code provided by the Commissioner in relation to a PAYE income payment made to the employee after the date of notification. But the tax code does not apply if the employee notifies their employer that their circumstances have changed and, as a result, a different tax code should apply. “ Compare: 2004 No 35 s NC 12A(1)–(3)