HMRC determined to go with real time PAYE system
PAYE reform will switch to real time (Real Time Information (RTI)) when the developers can create the software and the systems to handle it.
They hope to pilot in April 2012 using volunteer employers and software developers. Employers may be able to use the system by April 2013.
HMRC will invite software providers and their clients to participate in the pilot.
Help is needed:
David Gauke, Exchequer Secretary to the Treasury, said:
“Real Time Information will support improvements to the PAYE system making it more accurate for taxpayers and easier for employers and HMRC to administer. We need a PAYE system that can meet the demands of the 21st century workplace and ensure that the tax system works better.
Stephen Banyard, HMRC, said:
“We wanted people who use the system every day to give us their views on the collection of Real Time Information. We have listened to the concerns of payroll providers and employers surrounding the proposed mandation date and amended our plans to take these into account.
“We want to work with software developers and employers to help us deliver the new system. I urge anyone interested in being involved in the pilot to contact us.”