Somerset, England (PRWEB UK) 29 January 2013
Access-to-Time, the leading marketer of uAttend timekeeping software solutions in the UK, has announced thatit is ready to help UK businesses cope with the challenges arising from the compliance requirements of Real Time Information of PAYE by the Government.Starting 06 April 2013, the majority of employers in the UK will be required to report their payroll information to HM Revenue & Customs either on each payroll cycle.
Employers are required to either get payroll software that would help them become compliant with this requirement or update their existing payroll and time & attendance systems. They will have to report payroll information and deductions such as PAYE tax and National Insurance contributions (NICs) electronically to HM Revenue and Customs (HMRC).
Employers are able to outsource their payroll to a provider or to run it internally. However, whatever option they select, it must involve the automation and all the calculations and deductions made using the payroll and time tracking software system instead of calculating things manually on paper, as the information needs to be electronically sent to HMRC.
The measure required by the UK government is expected to usher in an era of streamlined payroll and will improve the information flow on Pay As You Earn Tax or PAYE. Whether it is time and attendance tracking or payroll processing, if done manually the whole process becomes labour-intensive, time consuming and fraught with human error. Now that businesses in the UK have to acquire automated payroll systems such as timekeeping software from uAttend, the accuracy of their time & attendance and payroll data is bound to increase.
While commenting on the new PAYE requirements, CEO of Access-to-Time, Alastair Slade said, “We are looking forward to helping our existing as well as new clients make the transition from manual to automated payroll tracking and processing, thus enabling them to comply with the new RTI requirements.”
Access-to-Time has been helping UK businesses streamline their payroll operations for quite a while now and has certainly made a name in the workforce management solutions market. The electronic reporting of PAYE is expected to be another feather in its cap. Access-to-Time has been marketing time tracking software systems in the UK that are not only highly successful but also cost-effective.uAttend solutions are highly successful and extremely affordable. There are no long term requirements, licensing fees, or software upgrade fees making it the most flexible payroll service provider in the UK.
Access-to-Time, based in Somerset, helps businesses and organisations to save time and money by efficiently managing their workforces’ attendance using powerful Time and Attendance (T&A) systems. The company is working to change the way we do T&A.
Access-to-Time provides computerised T&A systems plus expert advice and reliable on-going support to employers from all types of businesses and organisations who are managing 5 to 5000 plus employees. Its clients enjoy stress-free monitoring of working hours and absences, time-savings and reduced payroll costs, with savings of at least 2 per cent of payroll being demonstrated when a T&A system has been implemented.
For further information please contact:
Jacqueline Southway PR
Tel: 01454 201869 / 07747 804703
Tel: 01761 410015 / 07714 898902