Have just received notice from HMRC quoting Nino I gave for someone's employee and instructing me to take off the end letter. Paragraph Have they gone mad, or am I just undereducated?
Real Time Information
I have a client, just the one employee, who didn't receive any pay in April. My understanding was that under RTI there would be no FPS to file, but instead there would be an EPS.
Weekly payroll client has just sent me this week's payroll with a sick note for the period 09/04/13 to 07/05/13. He says it took a long time to get it.
I have put my one man band companies onto a quarterly system where they don't receive their first net pay until 6th June. There is therefore no payroll to run in M1 and M2.
As the volume of RTI traffic surged at the end of April, AccountingWEB was swamped with rumours, warnings and panics about the new real time information (RTI) regime for PAYE.
HMRC’s habit of putting new PAYE schemes into the RTI pilot scheme without telling them is building up another rash of filing problems and penalty concerns for the end of May.
HMRC has provided some clarification over RTI pilot penalties and late returns after a number of AccountingWEB members set alarm bells ringing last week.
HMRC has temporarily stopped employers and their payroll agents from switching their pay cycles to lessen the administrative burden of RTI.
Even as real time information (RTI) reaches the end of its first month of official use, some small employers are still struggling to get to grips with the regime.
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.
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- RTI fears for owner-managed businesses 18,619 23