HMRC begin chasing employers who have missed RTI deadlines

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By Stephanie Coward

Managing Director, HCM

HMRC logo new | HMRC begin chasing employers who have missed RTI deadlines

Throughout September HMRC will be contacting businesses across the UK who are still failing to comply with Real Time Information. Employers who have missed one or more of the deadlines for reporting PAYE information in real time will be contacted by the revenue and urged to act now to achieve compliance.

According to HMRC over 1.6 million PAYE schemes, covering more than 40 million individual records, are already complying with RTI, but many have still failed to make the switch.

Approximately 167,000 employers have missed one or more deadlines for reporting PAYE in real time and will be receiving warnings from HMRC this month. HMRC are asking that if employers have not reported PAYE because they don’t pay anyone, the PAYE scheme has closed or is no longer operating, they need to call the employer helpline and let HMRC know.

Ruth Owen, HMRC’s Director General for Personal Tax said “Over 85 per cent of employers are now reporting PAYE in real time but our records show that 167,000 employers have yet to send us a PAYE submission. Reporting PAYE in real time makes it easier for employers to pay HMRC the right amount and avoid late payments and penalties.

If agents have set up, on behalf of their clients, PAYE schemes that have never been used – or their clients’ PAYE schemes have now ceased – they should call HMRC to close the scheme.”

Are you still struggling to comply with RTI? Why not take a look at our range of RTI payroll software, with options suitable for any sized business.

RTI payroll software

 

Stephanie Coward

Managing Director, HCM

Stephanie Coward is Managing Director for HCM at IRIS, where she leads the strategy, innovation and growth of the organisation’s HR and payroll portfolio. She is responsible for positioning IRIS as a trusted partner to HR professionals and ensuring its solutions support the evolving needs of modern workforces.

With more than 25 years’ experience in the technology sector, Stephanie brings deep commercial and operational expertise, with a passion for improving the employee experience through technology.

Stephanie is committed to advancing IRIS’ HCM offering and helping organisations build more resilient, empowered workforces.