Real Time Information for your Payroll

Are you preparing for the changes that are looming for your payroll? From April 2013, although for many this will be later, the government are introducing the plans for real time information. This will involve you submitting your payroll payment information as at the actual pay date (e.g. weekly, 4 weekly, monthly etc) and not waiting until the year end. It will also have to include every person you employ, even if you currently do not include them on your payroll due to their circumstances.
The concept is so the real time information can improve the current benefits system.
If you are using Payroll software, such as Sage, then keep an eye out for their news to ensure it is updated to meet the RTI requirements.
For more information, please see the HMRC web site