Real Time Information Payroll Legislation

A very small number of organisations are exempt from complying with the Real Time Information, or RTI legislation. You can find out more about exempt organisations here. As an employer you already know that every time your payroll is run you must send information to HMRC either online or via an electronic data interchange (EDI), a process which is known as real time information or RTI.

What you may not know is that Primo Umbrella can take over the compliance responsibility on your behalf.

Full Payment Submission (FPS)

You need to complete an FPS, which lets HMRC know how much money you have paid and deducted for each payroll run. Depending on how often payments are made, the FPS should be submitted after each weekly or monthly period. You can complete multiple full payment submissions for the same tax period which includes:

  • Starter and leaver information
  • Employee PAYE and NI contributions for the year to date
  • Employee net pay
  • Employee name, NI number, gender and address
  • Company PAYE reference
  • Accounts office reference
  • Tax office number
  • Tax and NI contributions due

Employment Payment Summary (EPS)

The EPS is an optional monthly submission which only needs to be made if you have recoveries on statutory payments such as sick pay, maternity pay, paternity pay or the Construction Industry Scheme. Please bear in mind that if you complete multiple employment payment summaries for the same tax month, only the last submission will be recognised by HMRC.

The EPS should include:

  • Statutory payments recovered
  • NI contributions compensation on statutory payments
  • Advance funding obtained from HMRC for tax refunds and statutory payments
  • CIS deductions incurred

Download our RTI guide for more information on any of these submissions.

How can Primo Umbrella help your company?

Primo Umbrella is recognised by HMRC for real time information submissions following the work we have undertaken with HMRC to implement RTI essentials into the software.

Primo Umbrella provides a fully automated solution which makes RTI much easier to manage and allows you to submit multiple full payment submissions during the same tax period. Submissions can be made on a daily basis with multiple payments for the same employee. You can also submit the full payment summary directly from the intuitive online interface.

For more information about how Primo Umbrella can take control of your real time information obligations, please get in touch with our friendly support team today.