Archive for April, 2012

Real Time Information and HR Data

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Important changes are taking place in the payroll process that will affect HR data and processes.

From April 2013 HMRC will use Real Time Information (RTI) to improve the operation of the PAYE tax system and ensure that recipients of the new Universal Credit receive the right amount of benefits every month relative to their pay.  It will provide more accurate and up-to-date information on employees and pensioners, which can be a particular issue for those with multiple jobs, a mix of pension and employment income, or those who frequently change jobs.