Under Real Time Information (RTI), employers and pension providers will have to tell HM Revenue & Customs (HMRC) about tax, National Insurance Contributions (NICs) and other deductions when or before payments are made to employees.
Real Time Information is being introduced to provide HMRC with accurate information on a timely basis. At any one time HMRC will know exactly how much PAYE is due. It will also support the introduction of Universal Credits.
To download our summary 2 page report on its implications for you, please complete the form below.