HMRC change RTI goalposts

HMRC Delay RTI For Small Business

Ray Stewart Business, Tax Matters 0 Comments

Yesterday HMRC announced they have “agreed” to delay the introduction of Real Time Information (RTI) for small business employers with less than 50 employees.

HMRC say they recognize that some small employers who pay weekly, or more frequently (?), but who only process their payroll monthly may need longer to adapt to RTI reporting.

So, employers with less than 50 employees will have until the 5th October 2013 before they are required to operate their payrolls in real time but are (generously) allowed to use RTI if they want to.