RTI – Real Time Information – is still the talk of payroll departments, and outsourced payroll services, like ours. However, occasionally we are still coming across companies who are completely unaware of what it is. RTI means that HMRC requires that all companies with a payroll, whether weekly, fortnightly, 4-weekly or monthly will have to submit a payroll return at the end of each calendar month from April 2013, BEFORE staff are paid.
For companies that are aware of RTI, we are finding that they are still unaware of the requirements for compliance on payroll software and the amount of information that must be held within the program to allow on-line filing.
So, if you think you need some help with the complexities of RTI, then Click here to get in touch.