7 months on: RTI reporting challenges
It has now been over 7 months since Real Time Information (RTI) was introduced, affecting more than 1.66 million PAYE schemes across the UK. Despite reports of a successful pilot scheme and implementation, it seems that employers are still experiencing some difficulties in reporting PAYE information to HMRC in real time.
One of the most common problems employers have come across since making the move to RTI reporting in April this year has been reconciling the different between the amount of tax HMRC says is due and the amount of tax employers think is due.
Other problems have risen surrounding duplicate information about staff, lack of communication and missing payments.
We also wrote an article earlier this year about how employers were finding themselves unable to file RTI submissions with HMRC’s Basic PAYE Tool, due to a change in their software following an update.
As with any major legislative change, there are always bound to be some challenges to overcome following implementation.
If you are still struggling to comply with RTI or are having issues with HMRC’s Basic PAYE Tool, why not try IRIS Payroll Basics, your free RTI payroll software? IRIS Payroll Basics is perfectly suited to organisations with fewer than 10 employees and available now to download for free.