Lloyd Clough & Sons Ltd
HM Revenue & Customs released a consultation document detailing how real-time accounting information for PAYE could work for employers and deter non-compliance.
The aim of the RTI is to update PAYE records as and when changes occur, rather than once at the end of every tax year.
The real-time information (RTI) pilot was launched in April, initially with ten employers including HMRC. More employers will be added during the following months bringing the total to 320 employers by the end of June.
Stephen Banyard, acting director-general for personal tax, said: "The aim is to encourage all employers to comply by making it as easy as possible for them to do so. We are working with employers and the payroll industry in our 12-month pilot to best achieve that."
"Getting the support and penalty system right for RTI is vitally important. We value the views of employers, payroll providers, pension scheme administrators, agents and anyone else with an interest in PAYE, and we want to hear from them."