Preparing for Real Time Information

Eira Smith

Mark Groom

The 2013 deadline for the introduction of Real Time Information, a new PAYE reporting system, will require substantive employer tax and HR systems changes, say Mark Groom and Eira Smith.

In a somewhat low-key announcement in April 2011 HMRC announced its intention to press ahead with RTI.

While the detail is still in development the general direction of travel is clear and employers have much to do to ready themselves for this change by October 2013.

So what will RTI entail and how will it work?

The basics

RTI will require an employer...

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The 2013 deadline for the introduction of Real Time Information, a new PAYE reporting system, will require substantive employer tax and HR systems changes, say Mark Groom and Eira Smith.

In a somewhat low-key announcement in April 2011 HMRC announced its intention to press ahead with RTI.

While the detail is still in development the general direction of travel is clear and employers have much to do to ready themselves for this change by October 2013.

So what will RTI entail and how will it work?