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Paye shake-up comes to Solihull

THE biggest shake up of the Pay As You Earn (PAYE) system in nearly 70 years - Real Time Information - is now up and running.

THE biggest shake up of the Pay As You Earn (PAYE) system in nearly 70 years - Real Time Information - is now up and running.

Employers will be required to move to a new way of reporting PAYE in real time, sometimes called Real Time Information (RTI), where they report to HMRC each time they pay employees, rather than annually.

This updates the PAYE system so that it is quicker, easier and more accurate.

For more information about the changes, visit the website at www.hmrc.gov.uk/rti

 

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