1. Reporting Payroll In Real Time - RTI

1.1 axis diplomat Payroll and RTI

The March 2013 axis diplomat Payroll Legislation Update includes all of the required software changes to meet the requirements for RTI.

Please ensure you read the whole of the axis diplomat Payroll User Guide Supplement March 2013 prior to installing the update and running your year end procedures.

 

1.2 What is RTI?

All employers are required to report PAYE in real time from the first payday on or after 6 April 2013.

Reporting PAYE in real time (RTI) means that you will send HMRC data about tax, NICs and other deductions using the axis diplomat payroll software on or before each earnings payment is made rather than at the end of the tax year.

The information you send will tell HMRC how much you should pay to them.

You will report your payroll information by submitting RTI Full Payment Submissions (FPS) as part of each payroll run you make in your axis diplomat payroll software.

If you need to offset any statutory payments, for example Statutory Sick Pay, you will also submit a single RTI Employer Payment Summary (EPS) from one of your data sets within 14 days of that particular tax month/quarter i.e. by 19th so that HMRC can reconcile your payment to the figures submitted.

Futher information regarding the creation and submission of RTI information is provided in the F1 function help for the relevant functions.