Real Time Information – relaxation of reporting requirements

HMRC recently announced that for smaller businesses, the relaxation of PAYE reporting requirements has been extended to April 2014. This deadline has been extended after many businesses were struggling to implement the new system in time for the original deadline of April 2013. Despite the extension of the deadline, small businesses are still required to report PAYE in ‘real time information’ at least … Read More

Outsourcing your payroll

Real Time Information (RTI) has gone live and employers are now required to submit electronic records to HMRC whenever staff are paid. The only exception to this is employers with ewer than 50 staff who will be able to submit monthly records up until October 5 to give them more time to adjust. Many businesses are opting to outsource their payroll functions to … Read More

Getting to grips with ‘Real Time Information’

Does Real Time Information (RTI) sound familiar? If you are an employer or pension provider, it soon will and it’s something you need to get to grips with. And fast! From April 2013, HM Revenue & Customs is introducing a new way of reporting PAYE for all employers and pension providers. You’ll need to tell HMRC about PAYE payments when … Read More