Payroll Reporting

HMRC’s Real Time Information process helps employers to operate the PAYE system, calculate and deduct the correct amounts of tax and National Insurance Contributions (NICs) from employees, and submit the right information to HMRC.

Here we look at essential payroll tasks including PAYE reporting obligations, HMRC penalties, payrolling employee expenses and benefits, and working out tax and NICs for PAYE Settlement Agreements (PSAs).