Limited company contractors who want to pay themselves annually inste
Real Time Information
Some interesting comment today from Kate Upcraft, payroll adviser at ISIS.
An HMRC review hailing the successes of the RTI pilot scheme met a storm of criticism from payroll and software specialists who do not take such a rosy view of the online PAYE filing project.
For payroll where I only have one or two directors with a constant salary all year, I filed all my RTI returns early in the year for the whole year.
Not surprisingly given the amount of red tape seems to keep increasing (despite government's stated policy of trying to reduce it....), small and medium-sized businesses have experienced an increas
HMRC this week trumpeted the success so far of its transition to real time information (RTI) for PAYE, with head of RTI communications Jane Brothwood claiming in a blog that more than 1.5m empl
Interesting comment from the National Audit Office ('NAO') today which has identified weaknesses in the RTI tax system and which, it says, need to be urgently addressed.
The introduction of operating PAYE in real time, and the subsequent mandation of almost all PAYE interactions online by HMRC, has once again provoked debate about
Accountants and payroll service providers are beginning to report minor misalignments with PAYE data submitted via RTI and cannot access the live figures to verify that they have reconciled clients
When you submit an FPS do the reports generated at that time show what details are being sent to HMRC?
- RTI troublespots: Low paid directors 47,042 128
- RTI payroll software: free options 22,925 17
- Real Time Information checklist 22,386 12
- RTI troublespots: Starters/leavers, CIS, NMW & multiple FPSs 19,871 34
- RTI fears for owner-managed businesses 18,193 23