Real-Time Information (RTI)
Overview
Real-Time Information (RTI) is a system used by HM Revenue and Customs (HMRC) to collect payroll information from employers in real time. Employers are required to submit payroll information to HMRC every time they pay their employees. This information includes details such as employee earnings, tax deductions, and National Insurance contributions.
Features
Workmax Real-Time Information (RTI) module allows you to manage your payroll information and submit it to HMRC in real time. Here are some of the key features of the RTI module:
- Submit FPS: Report your payroll information to HMRC.
- Download FPS: Download the Full Payment Submission (FPS) report for review.
- Create EPS: Report your payroll information to HMRC if you need to claim statutory payments or recover statutory payments.
- Submit EPS: Submit the Employer Payment Summary (EPS) report to HMRC.
- Create EXB: Report expenses and benefits provided to your employees to HMRC.
- Submit EXB: Submit the Expenses and Benefits (EXB) report to HMRC.