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RTI submissions and FPS
Under the Real Time Information ('RTI') regime introduced in 2013 an employer is now required to submit various reports online to HM Revenue & Customs about their payroll and employees. There are very few exceptions to this requirement.
The most common report is the Full Payment Submission ('FPS') which is normally submitted every time employees are paid.
Pounds & Pennies take care of ALL our clients' RTI reporting.
We will advise you of the correct PAYE/NI payments to make in order to tally with the RTI reports made to the HM Revenue & Customs. Alternatively, we can simply BACS the payment on your behalf and take another headache away.