787AG Repayments to an employer

This section sets out the tax treatment of repayments of AE employer contributions to the employer. Where, as a result of an overpayment of contributions paid by an employer, the repayment shall be charged to tax to the employer by treating it as a receipt of the employer’s trade or profession. It is treated as receivable when the repayment is due or on the last day on which the trade or profession is carried on by the employer, whichever is the earlier.

Relevant Date: Finance Act 2024