eat Time Information (RTI) is essentially an overhaul of PAYE (Pay As You Earn) intended to streamline the process of reporting an employee’s information to HMRC.
As the name suggests Real Time Information relays employee information in real time. The new system started to be phased in from April 2012 onwards.
Talk to us for more information about Real Time Information and we can help you get set up.
RTI is a significant development in the field of PAYE and allows employers top operate an efficient and more cost-effective way to manage an employee’s tax deductions.