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What is RTI?
RTI Stands for 'Real Time Information'
This is the process for reporting "Real Time" income tax information to HMRC via the inclusion of a 4 digit "Hash Reference" in your Bacs files.
This is only applicable to payments that incur income tax (Normally limited to Salaries and Pensions).
If you need more information about this, you can contact Bottomline Customer Support by dialling +44 (0) 870 081 8250 and choosing option 2 for Technical Support, or alternatively visit www.bottomline.co.uk/pdf/RTI_factsheet.pdf