RTI spells the end of Payexcel
Payroll software developer Payexcel ceased trading after more than 10 years in business because it could not cope with the transition to RTI.
The company, which provided software based on Microsoft Excel, ceased trading in September. Its website explains that existing PAYExcel 2012 customers have been sent the 2012/13 Online Filing Workbook for forms P35 and P14. But it will not be around to cope with the new regime that starts in April 2013.
A Payexcel spokesperson confirmed that the company's closure was down to Real Time Information (RTI).
"Although we had hoped to incorporate RTI in the PAYExcel workbook for next year, it has proved impractical to do so and this led us to reluctantly cease trade," he said.