BeMac Payments have enabled PayGate to support HMRC’s new RTI service. PayGate is a modular solution and as such allows for the addition of the BeMac developed RTI module to provide the required information and reporting. As such, existing PayGate
customers need only add the new module to their current system. Today
customers, and Payroll software developers, can produce RTI compliant
BACS submissions using the module, and soon PayGate/ONLINE will provide a solution whereby customers can make RTI BACS submissions by subscribing to the monthly billed service.
Peter Alderson, Managing Director, BeMacPayments
commented: "PayGate’s modular design means we can easily extend and
expand the functionality range as markets demand – as evidenced by this
HMRC initiative.”
HMRC will require all those who submit employee payments via BACS to
submit additional information attached to the payments. This information
is required to track deductions in respect of PAYE, NI and statutory
payments and deductions and to assess tax credits, while the Department
for Work and Pensions requires the information for the introduction of
the new Universal Credit benefits system. BeMac
will be working closely with HMRC and the volunteer employers over the
coming months and throughout the pilot period to help ensure that the
process of sending information under the RTI system is as easy as
possible.
“To help payroll submitters through this time of transition, we are
planning a series of educational seminars,” added BeMac Payment Services
Manager, John Doyle. “We will share our experiences of working with
employers to help organisations turn RTI to their advantage, plus offer
planning and necessary training services and provide practical tips for
ensuring compliance.”
HMRC currently envisage that all employers and pension providers will have joined the RTI system by October 2013.
For more information on the operation of PAYE: RTI visit www.hmrc.gov.uk/rti/index.htm or email info@bemac.com
This sounds like a really good development for PayGate. And it’s even better with educational seminars being offered to help with the transitioning.
ReplyDelete