Since April 2013, all employers have been encouraged to submit the details every time they pay an employee, at the time they pay them, to HMRC. This is known as RTI.
Many small companies face the prospect of fines if they are not reporting Real Time Information or making inaccurate submissions to HMRC.
What a year! No-one likes change and payroll seems to have gone through a lot lately. To keep up with all the changes you used more of our help resources than ever before which is great.
Our Payroll expert, Neilson Watts explores the impact Universal Credits could have on employers reporting PAYE in real time.
Despite a shaky start with HMRC’s RTI portal being under maintenance over the weekend, Sage has already helped over 32,000 small businesses submit their first RTI returns this morning.
Our RTI Q&A has now closed. Thanks to everyone who took part, we hope you found it useful.
A lot of businesses have yet to make the switch-over regarding RTI, and for a lot of people, it’s become one of those tasks that you know you need to do but keeps on getting pushed back. Here are some top tips on how to just get those little things done.
HMRC have made an announcement today – “Reporting PAYE in real time (Real Time Information or RTI): relaxation of reporting arrangements for small businesses” but before you start celebrating and calling a halt to your RTI preparations as always you need to read the announcement more closely.
March is a busy time as most charities come to the end of their financial year. This year will be particularly busy for charities as HMRC introduce some significant changes to legislation including changes to the Gift Aid scheme and the introduction of RTI.
Help us to spread the word on RTI and you could be in with a chance of winning £1000 towards a Payroll Year End Party or a fancy Fortnum & Mason Wine Hamper!