A lot of fuss has been made recently about the introduction of RTI (or Real Time Information) for companies operating PAYE payroll, which includes all Crunch clients.
The basic thrust of this new scheme is to ensure the payroll information HMRC holds for your company is as up-to-date as possible. This will be achieved by requiring companies to submit records on or before every payday, instead of once a year.
The vast majority of companies must be up and running with RTI by April 2013, and most payroll software providers are readying updates to give companies the ability to do so.
The good news for Crunch clients is that there’s nothing to worry about. We’re making good progress with our RTI solution, and should be ready to roll it out to all our clients in early 2013. This applies to everyone – from single-director companies all the way up to Max clients operating their payroll through our employee payroll add-on.
HMRC have begun sending out RTI information leaflets to all employers. Just to reiterate for Crunch clients who receive these leaflets – no action is required on your part. We’ve taken care of everything.
As always with Crunch, we want to make things as easy as possible for our clients. If you have any questions about RTI or payroll in general, don’t hesitate to get in touch with your account manager who can answer all your questions.