Interesting comment today in today's Daily Express which reports that experts have highlighted problems arising from HMRC's RTI PAYE system that was introduced in April.
Real Time Information
Limited company contractors who want to pay themselves annually inste
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
- RTI troublespots: Low paid directors 54,942 128
- RTI payroll software: free options 29,799 17
- Real Time Information checklist 24,243 12
- RTI troublespots: Starters/leavers, CIS, NMW & multiple FPSs 23,498 34
- RTI - all employees below LEL but PAYE scheme 21,975 24