I always undertood the CY PAYE code collects tax on the PY benefit because P11D benefits of the PY is submitted in the CY i.e. 2019/20 P11Ds are submitted in the 2020/21 tax year.
So when we payroll benefits is there not double tax being the PY benefit (collected through the PAYE Code) plus CY benefit (collected in real time)???
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