After recent controversies surrounding the PAYE real time information (RTI) initiative, HMRC officials have launched a charm offensive to emphasise how well the project’s pilot scheme is going.
Leading the charge is exchequer secretary to the Treasury David Gauke. On Tuesday (17 July) he was in London alongside DWP minister Lord Freud to affirm that RTI and the universal credit scheme it will feed data into were both on track and on budget.
Today (18 July), Gauke was in Solihull to witness the first RTI filing from the payroll professional body CIPP.
The flak has been flying from a number of directions. On AccountingWEB, for example, members have been questioning how RTI will work for one-man bands. Then the All Party Parliamentary Tax Group published a report calling for RTI to be delayed so that it could be extended to cope with centralised deductions. That proposal got very short shrift from the ministers concerned.
Lurking in the background, meanwhile, is the prospect of a parallel reporting system for self-employed people who also want to claim universal credit. While that may complicate life for sole traders, it’s a tangle that the DWP will need to sort out once it has completed its summer consultation exercise.
“We are very much on track for delivering every employer by 2013, in time for the roll out of universal credit,” said Gauke.
The full article visible to logged-in members of AccountingWEB.co.uk also covers:
- How RTI works
Pilot scheme progress report
More RTI resources
- Expert guide: The nuts and bolts of RTI
- Real Time Information: What you need to know
- AccountingWEB RTI coverage
- HMRC RTI homepage
- HMRC FAQs
- HMRC Data Quality homepage
- HMRC RTI webinar - how payroll alignment works.
- Software vendor info: Advanced Business Solutions, Keytime, Pegasus, Qtac, QuickBooks, Sage
About John Stokdyk
John Stokdyk is the global editor of AccountingWEB UK and AccountingWEB.com.