Thank you for all the hard work you do - I think DBC is one of the best run networking organisations in the North East.
Janice Ross, Janice Ross Marketing Ltd
You may have heard about Real Time Information, or RTI, which is a new system that's being introduced by HMRC. Its aim is to improve the operation of Pay as You Earn (PAYE). PAYE information will be collected more regularly and more efficiently when employers submit their regular payroll submissions.
RTI is one of the biggest changes to PAYE since it
was introduced in 1944, and will ensure PAYE keeps pace with modern working
patterns. Under the HMRC RTI system, employers will be required to send data
about PAYE, NIC and student loans every time they pay their employees, rather
than with their end-of-year tax return.
It's important to start preparing now for RTI. Although RTI will be a
highly-automated process, with reporting to HMRC embedded into an employer’s
payroll software, you need to think about what RTI means for
your organisation, how you run your payroll and your business processes.
At Sage we’re RTI ready and working closely with HMRC to ensure our
customers’ transition to RTI is simple and stress free. For more information
and to download our free Sage RTI guide visit