You will get fined from April 2014 by HMRC. For more information on RTI and how to avoid being fined, please contact us.
From your first pay date on or after 6 April 2013. So for example if you pay your employees weekly every Friday, your first RTI submission is due on 12 April 2013. If you pay monthly on the last day of the month, your first RTI return is due on 30 April 2013.
The way that you calculate PAYE, pay your employees and make payments to HMRC is NOT changing. The main difference will be how and when you report your payroll information to HMRC. Instead of sending your information to HMRC once a year (via a ‘P35’ and ‘P14s’) you are required to send RTI returns each … Read more
HMRC is introducing RTI in order to modernise the Pay As You Earn (PAYE) system and keep pace with changes to modern working patterns. Nowadays, many people have more than one job, and can change jobs more frequently. This means people sometimes pay the wrong amount of tax. RTI provides HMRC with up to date … Read more
From 6 April 2013 employers will have to start reporting PAYE information to HMRC in real time, known as Real Time Information – or RTI. In practice this means that employers will have to send details to HMRC every time they pay an employee using payroll software to send the information electronically as part of … Read more
Yes we do offer this service, and are happy to work at your offices, although this does depend on the distance we need to travel and the frequency required.
It’s easy. We simply transfer your opening balances from your existing accounts system on to our system. And that’s it!
Yes this does change but it is for people that earn above £8500 per annum.
The main benefits are Company Car, Medical Insurance and Petrol for personal mileage.
At anytime, although most commonly this is done at the start of a company’s financial year.