Published Jan 31, 2012 So here we are in 2012, and the RTI pilot commences in 10 weeks. Time is moving fast, with the first day for RTI submissions set for Wednesday 11th April and 11 companies set to go live from that day.
Published Jan 25, 2012 A new paper by the European Commission (EC) demonstrates its desire to ensure a bright future for the European payments market.
Published Jan 04, 2012 The European Parliament and European Commission have at long last agreed an end-date for migration to the Single European Payments Area (SEPA).
Published Jan 04, 2012 On 1 January 2012, a new rule for internet and phone payments was brought into force by the Payments Council. The rule, technically known as D+1, states that payments made anywhere in the EU must reach the recipient's account by the next working day.
Published Jan 03, 2012 Following independent research into its impact, the Payments Council has decided there are no grounds for bringing back the Cheque Guarantee Card.
Published Dec 22, 2011 More than 50,000 UK businesses and charities have been informed by the Payments Council that, from 1st January 2012, they need to ensure their customer sort code checking system is correct and updated at least once a month.
Published Dec 21, 2011 Shortly after last month's update, HMRC went to press with two major additions to the RTI programme:
Published Dec 19, 2011 According to a survey for EMC, 54% of European companies suffered from data loss and systems failure last year, leading to reduced revenue and delays in product development.
Published Dec 13, 2011 The Government has this week been urged to crack down on the late payment culture amongst large corporate organisations that is “in danger of becoming endemic” by a group of organisations including Lloyds, the National Farmers’ Union (NFU) and the Forum of Private Business (FPB).
Published Nov 30, 2011 Her Majesty’s Revenue and Customs (HMRC) is asking for more employers to volunteer for their Real Time Information (RTI) pilot, which is scheduled to begin in April 2012.
