Published Sep 11, 2012 While most companies are due to implement HMRC Real Time Information (RTI) by April 2013, businesses employing more than 5,000 staff will be able to arrange a later transition date with HMRC
Published Aug 31, 2012 Ensure all your software is RTI compliant
Published Jul 25, 2012 Under consultation, the UK Payments Council is set to be replaced with a new board of industry and non-industry representatives, including those from consumer organisations, as the government attempts to reform the payments industry with the creation of a Payments Strategy Board (PSB).
Published Jul 10, 2012 Inaccurate bank account data can leave you unable to pay your staff and suppliers, or in a situation where your Direct Debit collections are rejected - causing significant cash-flow problems. Let’s take a look at what can go wrong:
Published Jul 09, 2012 Calling on HMRC to clarify business effects of the Real Time Information (RTI) and Universal Credit initiatives, a National Audit Office (NAO) report describes the timetable for roll-out of changes to the Pay As You Earn (PAYE) tax system as “challenging.”
Published Jun 11, 2012 The HMRC RTI pilot is progressing well and is on track.
Published Jun 08, 2012 New research carried out by Bacs found that outstanding debts to UK Small and Medium-sized Enterprises (SMEs) reached an astonishing £35.3 billion in the first half of 2012 – an increase of almost £2 billion on research from 6 months previously.
Published May 15, 2012 Research by Experian’s business research arm reveals that corporations have made the biggest reductions in late bill payment times, closely followed by mid-sized firms.
Published May 09, 2012 April has come and gone and with it the HMRC Real Time Information pilot began quietly and successfully with the first 10 employers to adopt RTI making their initial submissions on-time and with little issue.
Published May 04, 2012 UK cheque use has declined steadily each year - from 4 billion transactions in 1990 to 1.1 billion in 2010.