Major Change In PAYE Coming As Government Moves To ‘Real Time Information’

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04/11/2011

The Government has announced that it is their intention to move the collection of PAYE onto a system known as ‘real time information’. This will involve all employers transmitting the information about the tax and other deductions they make, at the point when the employer runs its payroll, and when they pay their employees rather than at the end of the tax year as happens now.

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