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News
Angry reaction to 'appalling' mini-budget
: Payroll managers reacted furiously to the mini-Budget, which is almost certain to cause confused employees to come to payroll offices in the autumn, requesting explanations. The fact that individuals will benefit from back-dating of the raised income tax thresholds, while others on identical salaries will not, could cause anger.
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Tax change could force rise in pay
: Employers will end up footing the bill over the controversial 10p tax rate, an employment lawyer has claimed.
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Payroll software like a 'utility'
: Software will become a utility like gas or electricity, with few employers maintaining their own servers, predicted head of technology at Ceridian David Woodward.
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Another u-turn gives new rights
: The Government has announced an about-turn by conceding new rights to agency staff, just six months after it blocked a European Union initiative on the issue.
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Company forced to file early to gain 22% relief
: A UK company was advised to send out its March pension contributions three weeks early so its employees can benefit from the 22% rate of tax relief before it drops to 20% on 6 April.
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'Please stop sending money'
: A Somerset man has pleaded with the tax authorities to stop sending him money - after he received several cheques for tax credits he was not entitled to.
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Payroll deserves seat at the top, says IPP
: The stakes involved in payroll and the complexity of systems are now so high that the profession should be represented at the most senior level in organisations, Elaine Gibson, senior policy and research officer at the Institute of Payroll Professionals, told a senior HR audience last month.
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: HM Revenue & Customs managers have discussed contingency plans for failure to pass the mini-Budget changes through Parliament, Payroll World has learned. The changes to income tax threshold, announced on 13 May by the Chancellor Alistair Darling, require Parliamentary approval before the summer recess on 22 July, if they are to be introduced as planned in September.
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