Accountants in practice

RTI Practical guide

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RTI (Real Time Information) is the biggest change to payroll since PAYE (Pay As You Earn) was introduced in 1944. It affects any business running a PAYE scheme for its employees and/or directors.

This guide will cover:

  • What is RTI?
  • Why is PAYE changing?
  • What do you need to submit?
  • How will BACS payments be affected?
  • When do you need to start submitting your data?
  • What do you need to do to prepare your company data?

 

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