Bottomline Technologies Industry News

February 2013 HMRC RTI Update - Deadline draws near

Published As we draw closer the April deadline for Real Time Information, HMRC predicts that by March 2013 over 6 Million employees will have their PAYE information reported in real time. HMRC will launch a major awareness campaign on March 11th via radio, newspaper, online advertising and Twitter Q&A sessions.

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January 2013 HMRC RTI Update - Countdown is underway

Published The countdown to HMRC Real Time Information (RTI) is underway… Act now for a seamless migration

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December 2012 HMRC RTI Update - Free webinar

Published We are now in the next phase of the RTI pilot programme which will complete by 1st April 2013. After this date it will become mandatory for all UK businesses to submit PAYE information in real time.

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Only 3% of UK businesses ready for SEPA

Published A report from business service provider, Steria, shows that companies in the United Kingdom are far behind European competitors in the race to prepare for the Single Euro Payments Area migration in 2014.

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Protect against cheque fraud with electronic payments

Published Figures from the Cheque & Credit Clearing Company (C&CCC) show an alarming increase in fraudulent cheque use over the first six months of 2012, despite volumes of cheques reducing. The cost of cheque fraud in that period came to almost an astounding £18 million.

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November 2012 HMRC RTI Update - Some employers given extra time

Published The pilot programme for HMRC Real Time Information (RTI) continues to progress well with the next phase rolling out as planned. This phase will complete before 1st April 2013 when it will be mandatory for all UK businesses to submit PAYE information in real time”.

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October 2012 HMRC RTI Update - Awareness campaign launches

Published As you may recall from our last update, HMRC kick started their Real Time Information awareness campaign earlier this month, highlighting key actions that companies need to do in order to prepare for RTI.

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Electronic payments may help the 94 percent of companies who suffer from late settlement

Published The Payments Council has been urged to reconsider decision not to scrap cheques as the British Chambers of Commerce (BCC) unearths worrying trends for late payments among UK businesses.

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September 2012 HMRC RTI Update - Awareness campaign launches next month

Published HMRC RTI migrations are progressing very well and pilot users continue to provide encouraging feedback.

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VocaLink Fosters Faster Payments Down Under

Published VocaLink, the bank-owned operator of the Faster Payments Service, is to partner with First Data and Accenture to bring same-day payments to Australia. The bank-owned organisation launched Faster Payments in the UK in 2008 and transactions volumes have surged to £1bn worth a day.

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