Eight week ticking clock for 'massive' PAYE tax changes

Eight week ticking clock for ‘massive’ PAYE tax changes

Posted on 14 Feb 2013 by Tim Brown

Manufacturers are being warned they have fewer than eight weeks to prepare for massive changes in the way payroll (PAYE) is reported to the taxman.

Real Time Information (RTI) is being introduced by HMRC on April 6, 2013 to improve the operation of Pay As You Earn (PAYE) which allows income tax and national insurance to be deducted from employees’ wages before they are paid. Mitchell Charlesworth accountants payroll manager Joanne Nieman said under the current system employers submit PAYE…

Eight week ticking clock for ‘massive’ PAYE tax changes

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