Real Time Information (or RTI) is an HMRC directive designed to improve and streamline the flow of payroll, National Insurance and tax information between employers and HMRC by requiring information to be submitted before each payday.
The scheme is a requirement for all SMEs as of 6th April 2013. RTI represents a major shift for payroll operations, and prior to launch was described as “the biggest change since the introduction of PAYE in 1944.” HMRC will be doling out hefty fines for non-compliant businesses, so RTI responsibilities are not to be scoffed at.
The good news for Crunch clients, though, is that our software lends itself perfectly to RTI, and actually means less work for everyone now the scheme is up and running! With RTI in operation, P35s and P14s are no longer needed, and our software simply files information through the Government Gateway every time a company director pays themselves or pays their employees through our payroll services.
Best of all, our RTI system is totally seamless and included in our monthly fee (provided you operate payroll as recommended by our accountants), with no fiddly extra payroll packages, no software patches or instruction manuals!
Find out how to become RTI-compliant for no extra cost. Alternatively speak to an advisor on 033 3311 8000 or log in and click the ‘upgrade’ button.
Sheetal Mehta – Social Entrepreneur, ASANA Ltd
Crunch is an excellent platform for small businesses.
Nic Pillinger – Lean Software Factory
Brilliant, thanks Kevin. Helpful as always!
Mike Jackson – Mumo Data Limited
I’m impressed with Crunch. The site is built well and I’ve always had quick and helpful answers from yourself and your colleagues when I’ve needed it.Thanks again.
Tamsin Allen – Creative & Art Direction Ltd
This whole process has been so painless – I’m impressed!