RTI still leaves room for payroll errors
Despite the recent introduction of Real Time Information (RTI) for PAYE, HMRC has confirmed that around 5.5 million people paid the wrong amount of tax in the 2013/14 tax year.
PAYE WINDFALL £2,000 NIC ALLOWANCE FOR EMPLOYERS
This valuable allowance is due to start for all businesses on 6 April 2014, and simply exempts the employer from the normal employer NICs of 13.8% of the earnings paid.