What is a PAYE Settlement Agreement? | A Complete Guide

imagine being able to bundle up all those pesky, minor, and irregular employee benefits into one neat package, make a single payment, and call it a day. Sounds like a dream, right? Well, that’s essentially what a PSA allows you to do. Instead of dealing with the headache of individual tax calculations for things like staff parties, small gifts, or occasional travel expenses, you can streamline the process and ensure compliance with HMRC’s requirements.