Real Time Information (RTI) is being introduced with the aim of bringing the current PAYE system into the 21st century. The present system, where HMRC are advised of deductions made from employees’ and pensioners’ pay around six weeks after the end of the tax year, has not changed since the 1940s. To assist our clients in the transition we have put together a helpsheet.
Download Real Time Information (RTI) Helpsheet (4MB)
The information in this article was correct at the date it was first published.
However it is of a generic nature and cannot constitute advice. Specific advice should be sought before any action taken.
If you would like to discuss how this applies to you, we would be delighted to talk to you. Please make contact with the author on the details shown below.
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