Two free webinars are also available:
“Real Time Information – an overview” – a 15 minute look at the RTI timetable, main day-to- day changes employers will see, and help and support available
“Accurate Employee Information Matters – it can save time and money” - an 11 minute look at examples and the implications of inaccurate employee information, plus tips on how to avoid this and make sure that employee information is recorded accurately
HMRC Press release
WHEN MIGHT YOU NEED TO DO RTI?
16 May 2012
HMRC is still working on their migration strategy but their current thinking is that most employers will be required to join RTI from April 2013 and all employers will be required to be routinely reporting PAYE in real time before October 2013. HMRC has some flexibility for large employers/pension providers with more complex payroll processes and for large payroll bureaux to join after April, but these employers will need to be routinely reporting RTI before October 2013. This is encouraging news, and will hopefully assist those really large employers facing their Automatic Enrolment obligations around the same time. Full details will be provided by HMRC once their strategy has been finalised.
REAL TIME INFORMATION BRIEFING PUBLISHED
16 May 2012
HMRC has published a basic briefing explaining how RTI will result in more people paying the right amount of tax and National Insurance.
“Real Time Information (RTI) will improve the operation of the PAYE system by creating more up-to-date taxpayer records and making it easier for employers and HMRC to administer. This issue briefing explains how RTI will mean more people paying the right amount of tax and National Insurance.”
Download the 2 page briefing here: Real Time Information for PAYE
HMRC RECOGNISED PAYE REAL TIME INFORMATION PRODUCTS
16 May 2012
The list of HMRC recognised PAYE RTI products, is now available on HMRC’s website.
If you are interested in applying for PAYE RTI recognition the instructions and scenarios are also available.
HMRC recognised PAYE RTI products
PAYE RTI recognition instructions and scenarios
CIPP Policy News Journal
12/04/2013, Page 184 of 362
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