Relaxation on RTI time limits
Date: 10th December, 2012 | Author: Cathy Corns | Comments: 0
You may remember that from April 2013 employers have to start sending PAYE information in real time (Real Time Information – RTI). This means the information must be sent on or before the date the payment is made.
HMRC has now outlined a (narrow) set of circumstances where employers will be allowed extra time to send information to HMRC. They propose to allow up to 7 days to report PAYE information where:
• Payments vary depending on the work done, where it is impractical to report in real time such as a casual worker in a pub paid at the end of the night;
• Payments are made to employees for whom employers do not have to maintain a deductions working sheet.
Additionally HMRC proposes to allow up to 14 days to report payments of benefits and expenses subject to national insurance but not taxed under PAYE.
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