Despite mistakenly sending late filing alerts to 400,000 organisations earlier this month, HMRC’s head of personal tax reassured AccountingWEB members that the real time reporting system for PAYE is working as it should.
RTI boiled back to the surface on 7 February when dozens of AccountingWEB members started complaining about late filing alerts from the RTI generic notification system (GNS), when as far as they were concerned they had filed correct returns for the period to 5 February. They were the tip of an iceberg, as thousands of companies and advisers called software suppliers and HMRC to find out what they were supposed to do.
RTI continues to arouse intense interest and emotions within the profession. During the past three weeks, AccountingWEB items on RTI have been read nearly 20,000 times and more than 150 comments have been posted on the subject.
Against this backdrop HMRC’s director general for personal tax, Ruth Owen, met with AccountingWEB to discuss the issues raised by members.
Answering the first and most basic question about whether RTI was actually working, she said: “I think RTI is working very well...
About John Stokdyk
John Stokdyk is the global editor of AccountingWEB UK and AccountingWEB.com.