Real Time Information (RTI) for the reporting of payroll will come into effect for the majority of employers from 6 April 2013.

The reporting is done by means of a "Full Payment Submission" (FPS) and must be made before or at the same time as an employee is paid.

This will inevitably mean more work in getting geared up for next tax year.

For a detailed look at RTI use the following link to hop on to HMRC's website:

http://www.hmrc.gov.uk/payerti/getting-started/index.htm

The above is for general guidance only.  Buick & Co Chartered Tax Advisers and Tax Consultants take no responsibility whatsoever for this blog, its reliability or any actions you take having read it.