Important changes to Payroll Legislation 6 April 2013

22 Feb 2013 Alex Hastings    Last updated: 24 Jun 2014

To improve the operation of Pay As You Earn (PAYE), HMRC have introduced a new system called Real Time Information, or RTI.

From April, all voluntary organisations will have to adjust how they manage their payroll due to the introduction of Real Time Information (RTI).

You’ll soon receive a letter from HMRC telling you that you must start reporting to them in real time. This letter will advise you to contact your software provider to confirm that the product, or service, you use has been updated so you can submit your PAYE in real time (RTI).

The introduction of RTI will mean that information has to be submitted electronically to HMRC every time payroll is run rather than just at year-end.  

This means that you may need to collect some additional information from new employees, as well as retrospectively for existing employees.

For further help and information on RTI, please see www.hmrc.gov.uk/rti/employerfaqs.htm

alex.hastings@nicva.org's picture
by Alex Hastings

Human Resources Manager

alex.h[email protected]

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