LATE FILING PENALTIES TO BE DELAYED FOR SMALL EMPLOYERS Penalties for late filing of Real Time Information (RTI) returns were due to come into effect for all employers from 6 October 2014. However, this now only applies to employers with 50 or more employees. For employers with less than 50 employees, the start date for …
2013/14 is the first tax year in which the majority of employers have submitted their PAYE data using Real Time Information (RTI). Penalties for late RTI submissions made within the year have not yet been imposed by HMRC, but that is about to change. There are two payroll actions which HMRC can issue late penalties …
If you’re an employer, you will probably be aware that payroll information must be sent to HM Revenue and Customs (HMRC) every time you run your payroll, under Real Time Information (RTI). This must be sent on or before the pay date. However, this was proving to be a challenge for many small employers, particularly …
Scam emails supposedly from HM Revenue and Customs (HMRC) have been around for a while now. However, it has been brought to our attention that there is currently a scam email going around which focuses upon Real Time Information (RTI). It says ‘We could not process your Full Payment Submission’, it quotes a reference …
In April 2012 HM Revenue & Customs (HMRC) started a pilot scheme for PAYE – RTI (Real Time Information). The aim of RTI is to improve the accuracy of PAYE, submitting information electronically to HMRC every time employees are paid, instead of submitting it at the end of the tax year using the P35/P14. P11D’s and …