Getting Ready For Real Time Information (RTI)
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.
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