How is PAYE real time information (RTI) going for you? Is it a huge cost burden, dogged by unanswered questions and uncertainty because HMRC seems forever to be issuing updates to its guidance, impossible deadlines, software that doesn’t do what it should, RTI submissions up the creek and HMRC’s employer helplines not understanding your problems? Or is it all going swimmingly well with a clear understanding of what is required, all necessary data to hand, payroll software and submissions working like a (good) dream with no untoward hassles or material extra costs?
What is the biggest difficulty (if any) that you are encountering and what is your recommended solution, bearing in mind the requirements of universal credit? Are the exceptions that allow payments to be reported after payday, eg, within seven days of payday, sufficient? Will the temporary relaxation for employers of fewer than 50 employees, which allows payments to be reported by when the payroll is normally run or the end of the tax month, last long enough for you to adjust to RTI requirements? If not, why not?
Please post your comments below, good or bad and tell us the worst pinch points that you are encountering. Are there aspects that are wasting a disproportionate amount of time?. It would help if you could say whether you are an employer or a payroll agent.
ICAEW’s RTI webpage which brings together information on where to go to for help at HMRC and where you can find links to ICAEW guidance such as RTI Helpsheets, the updated payroll engagement letter, seminars and webinars.
STOP PRESS (12/07/2013)
Have you received any demands from HMRC for tax/NIC which is not due (normally by way of a ‘specified charge’) even where all appropriate alignments, FPS and EPS have been submitted?
Late addition (January 2014)
We are working with HMRC to help them work out why their processes and IT do not always do what is expected and why their employer PAYE accounts contain curious figures. As well as posting items below, please send email@example.com at ICAEW Tax Faculty actual examples with employer name and reference number that we can send to HMRC.