HOW TO... PREPARE FOR REAL-TIME PAYROLL REPORTING

摘要

Employers currently need to submit an end-of-year return to HMRC with details of employee deductions, such as income tax and National Insurance contributions. From April 2013, employers will need to do this every time they pay employees. This is known as Real Time Information (RTI) and is supposed to make the Pay As You Earn (PAYE) process easier.