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Stephen Banyard
RTI Pilot Update
As you will be aware, the Real Time Information (RTI) pilot started on 11 April 2012, with the announcement that ‘the tax revolution’ had started, with around 10 employers joining in the first volunteer tranche. Up to another 300 have / will be following in the second tranche in May and June this year with [...]
RTI Pilot Accepts More Volunteers
As we reported, the RTI pilot went live on 11 April 2012. Since this time, 10 volunteer employers have joined the pilot. Last week, HMRC confirmed that they had received 100,000 employee records from these 10 initial pilot employers. Stephen Banyard, Acting Director General for Personal Tax, said: ‘It is early days but all the [...]
Real Time Information Goes Live!
I did wonder what was going on when I received the dramatic E-Mailed press statement on 11 April stating ‘The tax revolution starts’. Of course, this was announcing that the pilot of RTI was officially underway. David Gauke, Exchequer Secretary said: ‘RTI will remove the administrative burdens of £300 million a year from employers, mainly [...]
RTI – Improving Data Quality
Last week, we started to address the issue of actually what data will be included in the RTI submission that we will be required to send. With most of the other questions either answered or being addressed, this seemed to be the final piece of the puzzle. The Data Improvement Project (DIP) had been started [...]
