Preparing to operate PAYE in real time (“RTI”)
Preparing to operate PAYE in real time (“RTI”)
From 6 April 2013 employers will have to report PAYE information to HMRC in real time, often referred to as Real Time Information – or RTI. This means that employers will have to:
(i) send details to HMRC every time they pay an employee, at the time they pay them; and
(ii) use payroll software to send this information electronically as part of their routine payroll process.
More information is available from HMRC.
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