January 2013 HMRC RTI Update - Countdown is underway

Published on Thursday, January 31, 2013

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

There is not much to report on the HMRC Real Time Information (RTI) front at the moment, so this month's update is a little shorter than normal. If you are not fully aware of the implications involved with the changes in submitting PAYE information in real time, then these four easy steps will help you prepare your RTI migration plan.

1. Establish your key facts

By October 2013, you must provide HMRC with Real Time Information about tax and other deductions each time you run your payroll.

2. Check your systems

To assess your readiness, HMRC recommends you ask the following questions:

  • Is your Payroll software RTI compliant?
  • If you use Bacs software, is it RTI compliant?
  • Is your employee data is accurate and up to date?
  • If you use BPT, are hours worked entered prior to pay details?
  • If you use BPT, do you enter leavers before adding users to your database?

3. Join our webinar on Tuesday 29th January

In just 30 minutes, you'll learn the changes you need to make, how they'll affect your payroll and what deadlines apply to your business. You'll also have the chance to put questions to our RTI specialists. If you would like to join us, please visit our website to find out more and register your attendance.

[NB. This webinar is now available to watch online]

4. Discuss your individual needs with our experts

Many organisations will leave RTI compliance to the last minute. So it makes sense to act now. Talk to an RTI expert on 01420 547650 or book a callback.

Act now to beat the rush for RTI compliance!

Bottomline Technologies HMRC RTI Updates is an ongoing series about the new HMRC RTI initiative that is being implemented in the UK. As and when new information emerges, an update email will be mailed to those registered to receive them and a new blog posted on the Bottomline Technologies website.

If you'd like to be kept updated on developments, then please register to receive the latest posts.

You can also view individual posts from the HMRC RTI Update Series or a consolidated view of all HMRC RTI related articles. More recent update posts are provided below: