Change in PAYE structure
Under the present PAYE system employers tell HMRC what deductions they have made from employees’ pay at the end of the year, but in nine months PAYE will be reported in real time, Real Time Information (RTI).
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Under the present PAYE system employers tell HMRC what deductions they have made from employees’ pay at the end of the year, but in nine months PAYE will be reported in real time, Real Time Information (RTI).