What is RTI?
All employers are now required to report all PAYE information to HM Revenue and Customs in real time, otherwise known as RTI.
How are we prepared?
Team Payroll is fully compliant with the RTI regulations. This means that every time we pay an employee, we report the relevant PAYE information directly to HMRC, at that time. This forms part of our standard payroll procedure, and we require no additional input from our clients.
You can find a full breakdown of the RTI regulations at the HMRC website.
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