RTI Relaxation of rules for SME’s

Until October 2013, those with 50 or fewer employees get more time to report to HMRC

HMRC has today announced a relaxation of Real Time Information (RTI) reporting arrangements for small businesses in the first six months of the new system.

HMRC says: “Until 5 October 2013, employers with fewer than 50 employees, who find it difficult to report every payment to employees at the time of payment, may send information to HMRC on the date of their regular payroll run but no later than the end of the tax month (5th).”