Legislation introduced in April 2013 requires all employers in the UK to submit their tax and national insurance information to HMRC every time they run a payroll and not just at Payroll Year End. This is known as Real Time Information or RTI.
We’ve produced this handy infographic to help small businesses, accountants and bookkeepers understand what RTI is and how they can get ‘RTI Ready’ now to avoid a fine from HMRC for non-compliance in October 2014.
<center><a href=”http://uk.sageone.com/payroll/“><img alt=”RTI in Numbers infographic by Sage One” src=”http://sageone-uk-wordpress.s3.amazonaws.com/images/rti-in-numbers-sageone.jpg” width=”500″ height=”2011″ /></a></center>
RTI? Whey Aye!
To help raise awareness of the RTI legislation, we hit the streets of Newcastle to shoot this fun film dubbed ‘RTI? Whey Aye!‘.
We think you’ll like it so please watch and share it online.