Preparing to operate PAYE in real time (RTI)
14th March 2013
From 6 April 2013 employers will have to start reporting PAYE information to HMRC in real time. You may see this referred to as Real Time Information - or RTI.
This means that employers (or their accountant, bookkeeper or payroll bureau) will have to:
• send details to HMRC every time they pay an employee, at the time they pay them
• use payroll software to send this information electronically as part of their routine payroll process
Get full details at NEW PAYE system for all employers starting 1stApril 2013