Universal Tax Credits
Universal Tax Credits and RTI - 02 November 2011
For employers that haven't heard of it yet the Universal Credit system is the new system that will deliver benefits from 2014 onwards. And for it to work the Government need upto date, accurate real time information about employees and their pay to calculate.
That Real Time Information (or RTI) will impact on your payroll processes and will increase the amount and frequency of imformation shared with HMRC. Real Time Information is required for the one million plus people who will be claiming Universal Credit by April 2014
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