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HMRC Expands RTI Pilot

by Robert Lee, Tax-News.com, London

11 May 2012


HM Revenue and Customs (HMRC) has announced the addition of a further 310 employer schemes to its Real Time Information pilot, which launched last month.

According to HMRC, RTI will make it easier for employers, pension providers and HMRC to administer the pay-as-you-earn (PAYE) system. Under the new arrangements, employers and pension providers will tell HMRC about PAYE payments at the time they are made, as opposed to only at the end of the year as at present.

The pilot was officially launched on April 11, and HMRC says that it has so far successfully received over 100,000 employee records from 10 volunteer employers. The additional 310 employers are set to join the pilot between May 8 and the end of June.

Subject to the initial pilot being successful, HMRC estimates that up to around 1,300 volunteer employers will be reporting PAYE in real time by September. HMRC hopes that, by March 2013, a total 250,000 employers will be using RTI. Most employers are expected to join RTI from April next year, with all employers reporting PAYE in RTI before October, 2013.

Stephen Banyard, Acting Director General for Personal Tax at HMRC, said: “It’s early days, but all the signs are good. RTI is on track - all expected PAYE submissions have been received from the 10 pilot employers and processed. The whole point of the pilot is to identify any implementation issues. So far, these have been very few and they have been quickly resolved."

“We are working closely with the employers in the pilot who have helped us identify and solve any issues. We have improved our guidance and support for employers and software vendors as a result of the insight and feedback gained. We are very grateful for the valuable contribution the pilot employers and software developers have made," Banyard concluded.

TAGS: compliance | tax | business | tax compliance | employees | United Kingdom | individual income tax

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