RTI Concession Announced for the Smallest Employers
Categorised by HMRC as micro employers, any with less than 10 employees are going to have ‘soft’ Real Time Information (RTI) reporting until the beginning of the 2016/17 tax year.
Don’t get too excited, you are not let off.
Instead of sending a return in every time you pay someone, micro employers will be able to send one return in per month, not later than the last pay date of the tax month.
This may affect the way you are planning for April 2014 (the time when the first concessionary period was due to expire).