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| December 6, 2012 09:08 PM EST | Reads: |
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Payroll specialist holds RTI courses to ensure local businesses meet new HMRC mandate - the biggest change to payroll since PAYE in 1944
Berkshire, UK, 6 December 2012 - IRIS Software Group, a market leader in payroll and accountancy solutions, is running an RTI (real-time information) course, between 20th November and 20th February 2013, at locations up and down the country. The sessions will ensure that anyone from any small local businesses and General Practices are prepared to comply with RTI payroll regulations from the HMRC, which go live in April 2013.
Joining one of the three hour seminars, attendees will gain an understanding of the changing legislation and their obligations to ensure compliancy. The course has been designed to guarantee participants leave with the skills needed to feel confident handling RTI processes.
RTI will be mandatory for all employers with fewer than 5,000 employees. Employers will be legally required to submit information about PAYE to HMRC every time a payroll is run and employees are paid. This means transmitting an electronic RTI submission to HMRC on or before every pay date.
The challenge is that many businesses and General Practices are unprepared for the regulation changes. In a recent IRIS Software Group report, 56 per cent of General Practices said they feel unprepared for the introduction of RTI. While, an All-Party Parliamentary Taxation Group report, indicated that 23 per cent of micro business (one to nine employees) do not have a payroll solution in place.
The seminars will provide an educational overview of the changes that HMRC are implementing and is not software specific. The changes include:
Collection of Real Time Information (RTI)
Workplace Pension Reform
Child Maintenance Enforcement Commission (CSA deductions - 2012 Scheme)
Knowledgeable and friendly experts will train attendees. The informal sessions with a maximum of 50 - 60 attendees are designed to be interactive and will encourage questions from the audience. The course will cost £160 and all learning materials are provided.
RTI is coming! So make sure you register now.
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About IRIS Software Group
With 30 years' experience, the IRIS Software Group provides business critical software and services to the UK SME sector and accountants in practice. More than 30,000 small to medium sized companies and 15,000 UK accountants rely on the IRIS Software Group every day to run their business.
IRIS Software Group is the number one solution provider for RTI and its software pays 15 per cent of UK businesses that operate under PAYE. All customers receive the greatest choice of RTI payroll software and services managed under the brands IRIS and Earnie. The company has over 95 per cent customer retention across its core products.
IRIS Software Group serves a number of sectors and it is the number one provider to UK Accountants and UK GP practices. In addition, IRIS Software Group is the number two UK payroll provider.
Press Contact:
Max Deeley
maxd@whiteoaks.co.uk
T: 01252 727313 ext 239
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Published December 6, 2012 Reads 290
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