HM REVENUE & Customs (HMRC) is kicking off its Real Time Information (RTI) awareness campaign this month. This includes writing to employers running the 137,525 Pay As You Earn (PAYE) schemes in Scotland.
The letters, which will be sent throughout October, will provide information on what employers need to do to prepare for the new way of reporting PAYE data starting in April 2013.
PAYE itself will not change – just the way, and how often, employers send this data to HMRC.
The letters form part of a wider HMRC campaign, starting immediately, to raise awareness among employers of the changes. The campaign will include targeted flyers and emails, regular live Twitter Q&As, You Tube videos and roadshows across the country. It will target employers of all sizes, Payroll Bureaux, accountants, professional bodies, software providers and other representatives and industry groups
From April employers will send PAYE data electronically to HMRC each time they pay their employees as part of routine payroll processes rather than sending a separate return at the end of the year. Returns will include details of all employees’ pay, tax and deductions.