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RZ 13: Treatment of prepayments
or “How to handle prepayments for overseas financial arrangements”
You could also call this:

“Rules for PAYE intermediaries who were eligible for subsidies before law changes”

Even though some laws about paying subsidies to certain PAYE intermediaries have been cancelled, you can still use these rules if you’re a listed PAYE intermediary who became entitled to a subsidy before the laws were cancelled. This applies to specific sections of the Tax Administration Act 1994 and the Income Tax (Payroll Subsidy) Regulations 2006.

If you became entitled to a subsidy or made a claim for one before these laws were cancelled, you can still use the old rules. This is true even though the Taxation (Annual Rates for 2017–18, Employment and Investment Income, and Remedial Matters) Act 2018 cancelled these laws.

This rule is here to make sure that if you were expecting to get a subsidy under the old rules, you can still get it, even though the rules have changed now.

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Next up: RZ 15: Treatment of certain refunds made on income statements: 1 April 2008 to 31 March 2019

or “Rules for tax refunds on income statements of deceased people without executors (2008-2019)”
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Part R General collection rules
Terminating provisions

RZ 14Listed PAYE intermediaries: transitional provision

  1. Despite the repeal of sections RP 4 and RP 5, sections 124L, 124M, 124N, 124R, 185C, and 185D of the Tax Administration Act 1994, and the Income Tax (Payroll Subsidy) Regulations 2006 (which relate to the payment of subsidies to certain PAYE intermediaries) by the Taxation (Annual Rates for 2017–18, Employment and Investment Income, and Remedial Matters) Act 2018, those provisions continue to apply in relation to the payment of an amount of a subsidy or a claim for a subsidy to which a listed PAYE intermediary becomes entitled before the date of the repeal.

Notes
  • Section RZ 14: inserted, on , by section 242 of the Taxation (Annual Rates for 2017–18, Employment and Investment Income, and Remedial Matters) Act 2018 (2018 No 5).
  • Section RZ 14: amended, on , by section 275 of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).