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Where Taxpayers and Advisers Meet

RTI submission for future months

humble_pie
Posts: 11
Joined: Sun Dec 03, 2017 9:44 am

RTI submission for future months

Postby humble_pie » Tue Sep 11, 2018 10:25 am

Hi Guys,



I run my payroll myself, I am a single director limited company, so I pretty much know what i am going to get paid in next 3 months. So just wondering If I could submit RTI submissions for 3 months at a time rather then submitting one month at a time ?

accutalk
Posts: 2
Joined: Mon Jun 25, 2018 9:19 am

Re: RTI submission for future months

Postby accutalk » Tue Sep 11, 2018 3:04 pm

The thumb rule is that if you normally pay less than £1,500 per month, you may be allowed to pay quarterly instead of monthly

SteLacca
Posts: 419
Joined: Fri Aug 07, 2015 2:17 pm

Re: RTI submission for future months

Postby SteLacca » Wed Sep 12, 2018 1:53 pm

But to answer your specific question, the rule is on or before pay day. There doesn't appear to be any qualification to this, and so I don't see why you couldn't.

humble_pie
Posts: 11
Joined: Sun Dec 03, 2017 9:44 am

Re: RTI submission for future months

Postby humble_pie » Wed Sep 12, 2018 2:06 pm

Great. So on 25th of this month, instead of submitting RTI for September, I will do it for September, Oct and November.

So that means £186 odd I pay for taxes and NI, do I have to pay 3 times, or wait for pay day of each month and then submit it ?

robbob
Posts: 2621
Joined: Wed Aug 06, 2008 4:01 pm

Re: RTI submission for future months

Postby robbob » Thu Sep 13, 2018 9:57 am

So that means £186 odd I pay for taxes and NI, do I have to pay 3 times, or wait for pay day of each month and then submit it ?
The submission date is not relevant - normally payment due dates will apply - presuming you can pay 3 monthly then payment should be made by approx 18th Oct for September and 18th Jan for (Oct-Dec) - note 3 monthly payment cycles are fixed periods chosen by hmrc (Apr/May/June being q1)

It can really confuse hmrc if you pay early or late or don't use the exact reference specified based on the method and date of payment.


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