EBS UK Payroll : Real Time Information (RTI) Technical Brief (Doc ID 1324671.1)

Last updated on JANUARY 18, 2024

Applies to:

Oracle HRMS (UK) - Version 12.1 HRMS RUP4 and later
Information in this document applies to any platform.

Purpose

The aim of this note is to provide a central location for information related to Real Time Information (RTI). This resource page includes reference to external resources regarding HMRC requirements as well as Oracle resources to aid you in using our products and tools to accomplish the required legislative processing.

This Document is dynamic and it is expected that it is continually updated, as such please monitor this note appropriately.

Scope

Real Time Information, or RTI, is a new system that Her Majesty's Revenue and Customs (HMRC) is introducing to improve the operation of PAYE. RTI will mean that PAYE information is collected every time an employee is paid rather than annually when a business submits its end-of-year tax return.

RTI means that employers will send data about PAYE, NIC and student loans every time they pay their employee

Why is HMRC introducing RTI?

HMRC is introducing RTI for a number of important reasons.

To enable a more efficient response to PAYE errors such as under or over payments.
To support the introduction of Universal Credits, which will streamline benefits into one payment.
To reduce fraud and ensure people receive the benefits they’re entitled to.
To provide the Department for Work and Pensions with up-to-date information about each claimant’s employment income more efficiently.

RTI will be introduced from April 2013 and will become mandatory for all employers from October 2013.

The view is that most customers will looks to go-live in April (mandatory for customers <5,000 employees) or shortly after where total payroll population is >5,000 employees