From 6 April 2013 employers will have to start reporting PAYE information to HM Revenue & Customs (HMRC) in real time, referred to as Real Time Information or RTI.
Payroll information must be sent to HMRC every time you pay an employee, on or before the time you pay them. All this must be done electronically.
To ensure you are ready to use RTI in April you will need to:
- Obtain or update your current payroll software (or find engage the services of an accountant or 3rd party payroll Bureau)
- Check your employee data is correct
- Check you are registered for PAYE Online