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RTI penalties to be staggered, HMRC confirms

Accountancy Age

THE IMPOSITION of penalties relating to real-time PAYE submissions is to be staggered, HMRC has confirmed. Real-time PAYE – also known as RTI – sees PAYE reported on or before the date payment is made, while changes will be reported as and when they occur, rather than at the end of the financial year. Changes in circumstances – such as a pay rise, promotion or departure from job – are reported as they…

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