RTI is coming, are you ready?
What is Real Time PAYE?
From April 6th 2013, all employers must start reporting PAYE information to HMRC in real time, on or before the date you pay your employees. By reporting PAYE in real time, HMRC will be able to tell you how much you should pay each month. This will make it easier for you to pay the right amount each month and help to avoid building up debt
Why is Real Time PAYE Happening?
Currently, businesses send PAYE data to HMRC once a year. This system worked well when people typically had one job or received a single pension.
What does this mean to your business?
If you already use payroll software or a service provider, you should have now checked with them and confirmed that the product or service you use has been updated so you can send your PAYE in real time.
If you need to look at upgrading, changing or implementing a new Payroll system, click the links below to see more details on the Quickbooks with Payroll versions available:
How can we help?
ACS Technologies can help to ensure that you and your systems remain compliant. As Intuit Quickbooks partners, we can help you get up and running if you need to change your existing accounts software or upgrade your current version of Quickbooks. If you already have an accounts package we can help you to confirm that your current package is compliant or help with upgrades if required. I have also enclosed further information on the Quickbooks range of products and further details on RTI. For more information or a no-obligation chat, please contact us on 01628 819500. Donít forget, RTI comes in to force from April 2013 so make sure you are ready!
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