Way2paye are ready for RTI (Real Time Information)

This is a new system aimed at improving the operation of Pay As You Earn (PAYE).
We are currently successfully piloting the system with HMRC and can assure clients that we will be ready for the biggest change in the payroll operation since it began.

The new scheme is due to be phased in from April 2013.

Real Time Information should not have a direct impact on you or your employee. However, it will alter the way we currently submit details to HMRC on your behalf. Rather than completing a tax year end return we will submit details to HMRC on a regular basis as payslips are calculated.

You will still be required to pay HMRC quarterly and notify us of any changes to payroll as you currently do now.

If you have any queries to the above please do not hesitate to contact us.