What is RTI?
Since 6 April 2013 employers are required to start reporting PAYE information to HMRC in real time Real Time Information (RTI)
This means that employers will have to send details to HMRC electronically every time they pay an employee as part of their routine payroll process.
HMRC is introducing RTI in order to modernise the Pay As You Earn (PAYE) system and keep pace with changes to modern working patterns. RTI provides HMRC with up to date information, so it should be easier to ensure deductions for tax, National Insurance and student loans are accurate.