HMRC is cautiously optimistic about the Real Time Information (RTI) pilot for PAYE which is "on track and going well", according to the latest update for tax advisers.
The taxman says it expects to expand the RTI PAYE pilot in two further stages as previously announced in April. HMRC also remains on track for all micro, small and medium-sized employers and most large employers and payroll bureaux to start sending payroll information to HMRC in real time in April 2013, and for all employers to be routinely reporting PAYE in real time from October 2013.
About Nick Huber
I’m a specialist business journalist and have a particular interest in tax and technology.