Glossary of Terms


Real Time Information (RTI)

Pay As You Earn (PAYE) Real Time Information (RTI) is the process of matching payroll paid through Bacs Payment systems to individuals with the payroll data reported in real time. It provides confirmation of the amount paid into an individuals bank account to assist DWP with administration of all types of Universal Credit.

  • Last modified: 2023/03/03 16:33