Just 18 days before the most significant changes ever made to the PAYE system go live, HMRC has given in to pressure and given smaller employers (those with 50 employees or less) a further six months before they have to fully comply with the forthcoming Real Time Information (RTI) changes.
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real time information
A leading tax body says that many smaller companies may find complying with the new Real Time Information (RTI) payroll rules will be ‘impossible’.
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If you operate a PAYE (Pay-as-you-earn) scheme via your limited company, you should be aware of upcoming changes to the way your communicate payroll data to HMRC from April 2013.
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