Following the introduction of RTI in April 2013, HMRC has reported that virtually all employers are now reporting PAYE in real time for over 99% of individuals. An HMRC spokesman said: ‘We recognise that RTI, like any system, isn’t perfect; it needs to continue to evolve and improve. And there is still a way to go before we can fully exploit the data that we receive. We will continue to monitor employer experience of reporting PAYE in real time to make sure the improvements we have made are effective, and identify where future development would be beneficial.’ See www.bit.ly/1HwCUtv.
Following the introduction of RTI in April 2013, HMRC has reported that virtually all employers are now reporting PAYE in real time for over 99% of individuals. An HMRC spokesman said: ‘We recognise that RTI, like any system, isn’t perfect; it needs to continue to evolve and improve. And there is still a way to go before we can fully exploit the data that we receive. We will continue to monitor employer experience of reporting PAYE in real time to make sure the improvements we have made are effective, and identify where future development would be beneficial.’ See www.bit.ly/1HwCUtv.