DANBRO lead the way in real time

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Leading UK contractor accountants DANBRO have leaped ahead of the competition and announced a successful, and disruption free, trial of HM Revenue & Customs (HMRC) Real Time Information (RTI) data submission system.

On the 4th of April 2012, HMRC announced a significant change in the way it reports Pay As You Earn (PAYE) data. The introduction of RTI is expected to reduce the amount of tax mis-payments to HMRC.

DANBRO volunteered to take part in HMRC’s pilot scheme, which started in November 2012, to ensure its technological infrastructure was up-to-date and able to cope with the rigorous demands of RTI.

Investment in technology

Director of Umbrella, Chris Rhodes, said: “We’ve made significant investments in our technology and in the DANBRO Online Timesheet System (DOTS) to ensure that payroll operates seamlessly during the transition period.”

“To put it in perspective, we currently run the equivalent of 4 payrolls per day, that’s around 80 per month and we’ve not experienced any disruption regarding the new processes.”

“We strive to provide the best service possible”

Managing Director, Damian Broughton also added: “It’s good to see DANBRO at the cutting edge of the industry again. We strive to provide the best customer service possible, which was the main reason why we signed up for HMRC’s pilot. By trialling the system it enabled us to spot any potential issues before it affected our clients”.

By April 2013, all employers will be required by HM Revenue & Customs to use Real Time Information, in a bid to increase the accuracy of Income Tax and National Insurance data.

-ENDS-

For more information contact    
DANBRO Marketing Team
01253 600140
marketing@danbro.co.uk

NOTES

DANBRO, are award winning Chartered management Accountants, providing specialist accountancy and payroll services to thousands of contractors and freelancers throughout the UK. With offices in Blackpool and London, employing approximately 125 people.

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James Lockwood
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