Is your business RTI ready?
POSTED: 21 February 2013.
As of April 2013, everytime a business pays an employee the PAYE information must be sent to the HMRC in real time. This should help the HMRC identify when any errors were made, and should reduce the chance of employees and employers receiving late penalties due to late payments.
We have provided a checklist from the HMRC site below in order to get you all "RTI ready":
As professional accountants in Sheffield, we are always willing to help with all types of accountancy related services from PAYE to bookkeeping, so don't hesitate to contact us if you would like more information on RTI or other services in the accounting industry.
Warning letters from HMRC are being sent out ..
POSTED: 15 February 2013.

Be prepared to receive a letter in the upcoming weeks about RTI preparations. The HMRC are currently in the process of sending out these letters which are alerting business owners about what they must do in order to become "RTI ready".
We're sure from our previous posts you will now be experts in RTI, but we can't emphasise enough how important this change ..
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Tax chiefs defend themselves regarding recent tax ..
POSTED: 12 February 2013.

Big firms including Google, Starbucks and Amazon have recently been broadcast in the news a lot regarding tax avoidance schemes. The big tax chiefs at the accountancy firms they use have defended themselves against the claims.
Here is the story BBC news wrote on the topic:
"Tax chiefs hit back at criticism over avoidance
31 January 2013
Tax ..
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The UK has set a new record ..
POSTED: 06 February 2013.
Thursday of last week was a major rush to get all the online self assessment tax returns in on ..
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Self assessment tax returns ..
POSTED: 31 January 2013.
Midnight tonight (31st January 2013) is the deadline for all online self assessment tax returns ..
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Are you up to date with your ..
POSTED: 25 January 2013.
Since the 9th January 2013, HMRC have begun their new campaign to chase up businesses that have ..
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Big crackdown on tax evasion
POSTED: 23 January 2013.
The Crown Prosecution Service (CPS) are "upping their game" when it comes to tax ..
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You can claim up to 250% tax ..
POSTED: 15 January 2013.
"Does your company undertake the development of new products / ..
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Annual Investment Allowance ..
POSTED: 11 January 2013.
One of the most significant announcements of the 2012 autumn statement was the temporary ..
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Accountants have acquired ..
POSTED: 08 January 2013.
Yes, you read that right, according to results conducted by a Sage Omnibus survey, a fifth of ..
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Why not get a head start ..
POSTED: 08 January 2013.
What is a start-up loan?
Start-Up Loans provide budding entrepreneurs between the ages of ..
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Latest RTI guidance from HMRC
POSTED: 20 December 2012.
Pay As You Earn
Reporting in real time: what’s changing
Real ..
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How to go about avoiding a ..
POSTED: 18 December 2012.
As we are a Sage approved accountancy firm, we are always receiving new tips and information ..
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Online self assessment tax ..
POSTED: 14 December 2012.
As the paper deadline for self assessment tax returns has passed, the next deadline we want to ..
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RTI is the biggest change to ..
POSTED: 30 November 2012.
Yes, you read that right, RTI (Real time Information) is going to be introduced in April 2013 ..
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Sage approved accountants!
POSTED: 28 November 2012.
You can rely 100% on the our accountancy services, as we make use of the products provided by ..
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Tax related penalties in the ..
POSTED: 26 November 2012.
The construction industry is a difficult area to understand when it comes to the ..
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An explanation into the ..
POSTED: 22 November 2012.
One of the UK's leading Invoice Finance and Asset Based Lender's, ABN AMRO ..
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