Feb 13, 2012
Are you ready for RTI?
From October 2012, HMRC will begin implementing a radical change in how payroll information must be reported to them. Real Time Information (RTI) is aimed at improving the operation of PAYE by closing the "tax gap", improving the customer experience and reducing costs to HMRC. Whether it will reduce or increase costs for employers remains to be seen.
Many businesses will not be aware of - or prepared for - this change, so we have put together the following help sheet to answer any questions you may have.
Click here for the RTI helpsheet
If you would like further information on how the introduction of RTI may affect your business, please contact our specialist payroll team on 01254 679131.
