PAYE SETTLEMENT AGREEMENT LETTER

HMRC

...................................................................(insert address)

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...................................................................

...................................................................

...................................................................(insert date)

Your ref ..................................................(insert your employer’s PAYE tax reference)

Dear Sirs

Year ended 5 April ....(insert year)

We request your approval for a PAYE settlement agreement for the ..... (insert tax year, e.g. 2022/23) and later years. We wish the agreement to cover liabilities arising on the following items:

..............................................................................................................................................................(insert details)

..............................................................................................................................................................(insert details)

..............................................................................................................................................................(insert details)

The liabilities arising will be calculated on a grossed-up basis and by reference to the number of basic rate and higher rate taxpayers covered by the agreement.

The tax and Class 1B NI liability arising will be paid to HMRC by 19 October, following the end of each tax year.

We look forward to receiving a P626 agreement document from you as soon as possible.

Yours faithfully

...................................................................(insert name)