Monday, 7 October 2013

RTI? really teeeedius info gathering system?

RTI - real time information PAYE system

This is the system whereby HMRC receive online each time a payroll is run all the info about tax due etc.

So for 2013/14 if you are naughty and don't pay your PAYE on time, they write to you/ring you up in the evening/at weekends pestering you for the dough.
So no more financing your worthy enterprise through holding back on paye payments.

For 2014/15 even worse you will get £100 fine for every month you are late automatically, so either sack all your staff by 31.3.14 or obey !!

PS. if you do decide running a payroll is too much for you we have solutions - contact abell AT

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