We use cookies on this website to ensure the best user experience for yourself.
If you want to learn more about how cookies affect you, click here.

Sign Up To Newsletter

Subscribe to Our RSS  Connect With Us on LinkedIn  Follow Us on Twitter  Like Us on Facebook  +1 Us on Google Plus  UK Pegasus Site  Irish Pegasus Site

 

Contact Us

Call Me Back

Information Request

How To Buy

Product Brochure

Product Demos

Real Time Information (RTI)

On 6 April 2013, HMRC introduced a new way of reporting PAYE; Real Time Information (RTI). RTI was introduced to improve the operation of PAYE, making it easier for you, the employer to operate PAYE. RTI will help support the introduction of Universal Credits.

>Latest news from HMRC

As of 31 July 2013, HMRC has received over 10 million PAYE submissions in real time since 6 April 2013.

>Get your employee data ready with the RTI Data Validator

The RTI Data Validator checks that there are no errors in the employee data you hold which will cause an issue with your RTI submissions. The RTI Data Validator is available for Opera 3 and Opera II Payroll customers for £100 plus VAT. Customers - complete the order form and send it to your Pegasus Partner for processing. 

>Watch the Pegasus overview video

Take 10 minutes to  watch the Pegasus RTI overview delivered by a Product Specialist.

>Download our Free Guide

Download our free PAYE Real Time Information Guide to Understanding to find out more.

All Pegasus payroll solutions* have HMRC RTI and PAYE Recognition 2013/14.

"Real Time Information means that employers and pension providers tell HMRC about PAYE payments at the time they are made as part of their payroll process. Payroll software will collect the necessary information and send it to HMRC online." HM Revenue & Customs

What is PAYE RTI?

RTI will ensure that the PAYE system meets the needs of the 21st century and will make it easier for employers, pension providers and HMRC to administer PAYE. Under RTI, employers and pension providers will tell HMRC about PAYE payments at the time they are made - as opposed to how it is done today, at the end of the financial year.

With the HMRC RTI system, employers are required to send data about PAYE, NIC and student loans every time they pay an employee, rather than just once a year with the end-of-year return. Payroll software will collect the necessary information and send it to HMRC online. All Pegasus payroll solutions* cater for RTI.

HMRC regularly update their website.

*Opera 3, Opera II and Capital Gold Payroll




 

Pegasus Software is a trading name of Infor (United Kingdom) Limited | Office Address: Orion House, Orion Way, Kettering, Northamptonshire, NN15 6PE
(Registered Office: The Phoenix Building, Central Boulevard, Blythe Valley Park, Solihull, West Midlands, B90 8BG) | Registered in England No. 2766416