PAYE has been the system for the deduction of tax/National Insurance since its introduction back in 1944 but HMRC are now creating significant changes to the way that all payroll related deductions are reported.
Currently employers submit a year-end return once a year. Under Real-Time Information (RTI) employers and pension providers will be required to inform HMRC about deductions when payments are made, not just at year end. Reporting for benefits is not being altered at this time but is expected to in the future.
How BDO can help?
Non-compliance with RTI may adversely affect your wider relationship with HMRC. So to help you get prepared, we are hosting a seminar where we will discuss what impact these changes will have on your business. We will be welcoming guest speaker Maggie Anderson, HMRC's RTI Policy Adviser.
Who should attend?
Designed for Finance Directors, Human Resources Directors and senior Payroll Managers, we will highlight the wider strategic issues of RTI for your organisation that need addressing now, rather than waiting until introduction in 2013.
When: 3 July 2012
Q&A session: 6.30pm
Places are limited so please contact Emma Wareham on 023 8088 1753 or email firstname.lastname@example.org to secure your place as soon as possible.
Date and time:
4:30pm - 6:00pm
Event location:BDO - Southampton