We will be ready for Payroll RTI. Will you be?
HM Revenue & Customs are starting to ramp up the publicity on RTI (Real Time Information). To quote HMRC:
"Real Time Information (RTI) is being introduced to improve the operation of PAYE. It will make the PAYE system easier for employers and HM Revenue & Customs (HMRC) to operate, and employees will receive information more quickly. It will also help support the introduction of Universal Credits."
Whilst we will be undertaking all of the work necessary to ensure that our axis diplomat Payroll software meets the requirements of RTI in time for its launch, we are being asked by our Payroll customers whether there is anything that they need to be doing.
In preparation for RTI, it will help you to ensure that the following information is accurate with your axis diplomat Payroll package for each employee:
- Full Name
- Date of Birth
- National Insurance Number
Discover more: http://www.hmrc.gov.uk/rti/employerfaqs.htm
