The introduction of the new RTI scheme in April 2013 will mean that businesses will have to electronically report all payments as they are made.Yes, if you pay weekly you will be sending of returns every week either when the payment is made or before.
This should be great fun for the large number of small businesses where this task falls to the owner.
From a government committed to reducing red - tape and simplifying the tasks which UK small business must undertake this looks like a very strange way to achieve this.
What is more surprising is the lack of any protest. Are all you small businesses really happy about this?
If not lets here you.
How will this change impact on YOU ?
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For most it is inevitable. It’s overcoming these obstacles that matters most.For most it is inevitable. It’s overcoming these obstacles that matters most.I read many article about the subject. But this article is really a good summary and introdruction to the subject.
ReplyDeleteAli mudeen