| Commentary

(b) Real Time Information

| Commentary

(b)     Real Time Information

With initial effect from 6 April 2013 the administration of the PAYE system changed, requiring certain employers (as directed) to report payroll information to HMRC as part of the payroll process, as payments to employees, and deductions from their earnings, are made. This Real Time Information (RTI) system replaces the requirement to complete annual returns of PAYE tax and National Insurance contributions. The core legislation is to be found in amendments to the Income Tax (Pay As You Earn) Regulations 2003 (regs 67B–67H and Sch A1) effected by the Income Tax (Pay As You Earn) Amendment

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