BACS

With the passing of another year in the payroll calendar, questions are still being asked on AccountingWEB about why so many errors are arising around the data submitted via real time informati

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Responding to continuing confusion and frustration on the issue, John Stokdyk attempts to describe how HMRC’s automatic penalty system will function for late RTI filings.

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The RTI penalty delay announcement earlier this month raised all sorts of questions

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Anyone still using Faxpay to report wages to client’s bank for processing? What’s the least cost/least hassle 21st century alternative?

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In the wake of the financial crisis and with early signs of recovery, the payments market continues to go through radical transformation.

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Technology is wreaking havoc in payments processing. And accountants are having to unravel the complexities.

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ICAEW-endorsed Bacs service provider Credec warned that the PAYE real time information (RTI) system faces its most critical test in the final few days of April.

UK businesses are facing costs of up to £30,000 to ensure their BACS software is compliant with real time information (RTI) requirements for PAYE.

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