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The forthcoming upgrade of the PAYE system is considered by ELLIE GAMBLE, SHARON GILKES and KAREN THOMSON
KEY POINTS
- Real-time information (RTI) is currently on trial.
- All employers will have to use RTI by October 2013.
- The reasons for change and RTI in practice.
- One employer’s experiences of implementation.
- Software requirements and unusual situations.
Readers will be aware of the forthcoming introduction of real-time information (RTI) into the PAYE system.
By October 2013 all employers will be required to report to HMRC on or before every occasion that an employee is paid.
Although the concept behind RTI seems clear in practice there are many operational issues still to be ironed out.
RTI is a fundamental change to the way that employers have to report details of the amounts paid to employees and the matching PAYE deductions although there will be no changes to the...
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