HMRC extends monthly RTI respite to 2014

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HMRC has extended the temporary relaxation of real time information (RTI) reporting rules for small businesses for a further six months to April 2014.


The relaxation applies to businesses with less than 50 employees and was originally set to run until October 2013.


In March, HMRC announced the easement after a widespread campaign across the profession and business groups, urging the government to ease the reporting burden on small firms by allowing them to submit payroll data just once a month.


Typically, this can reduce the number of required reports from up to 52 per year to 12.


Affected businesses will now not have to change their reporting approach halfway through the tax year, the Revenue said.


It added it would work with businesses over the coming months to identify whether there are any specific circumstances with on or before reporting it will need to cater for in the long term


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