RTI and P35

Posted on 13 May 2020
Share Blog Post

The HMRC have issued a clarification on whether or not employers have to complete their 2012-13 end of year report before they do their first 2013-14 RTI submission, reports small business accountants Harris & Co.

It is not a requirement of PAYE in real time that employers should wait until they have submitted their 2012-13 end of year report before starting to report PAYE for 2013-14.

This confusion may have arisen because some commercial software, as well as HMRC’s Basic PAYE Tools, requires the 2012-13 end of year report to be completed before switching over to the Real Time Information version and enabling the employer to submit a first Full Payment Submission (FPS).

Employers should start to report PAYE in real time from the first payday on or after 6 April if their software allows.

View more blog posts

NIC hammer blow
Posted on 23 Jun 2025
NIC hammer blow
read more
Youth mobility scheme
Posted on 21 May 2025
Youth mobility scheme
read more
Businesses unaware of MTD
Posted on 14 May 2025
Businesses unaware of MTD
read more
Two tier tax system introduced
Posted on 07 May 2025
Two tier tax system introduced
read more
Back To Top
01604 660661