CIPP Payroll: need to know 2018-2019

Speaking at Derby College, a further education college which offers apprenticeships and higher level learning, the Prime Minister warned against “outdated attitudes” that favour academic over technical qualifications and pledged to use the review to look at “the whole post-18 education sector in the round, breaking down false boundaries between further and higher education, to create a system which is truly joined up.” The review will ensure that post-18 education is giving everyone a genuine choice between high quality technical, vocational and academic routes, students and taxpayers are getting value for money and employers can access the skilled workforce they need. The wide-ranging review will be informed by independent advice from an expert panel from across post 18 education, business and academia chaired by Philip Augar, a leading author and former non-executive director of the Department for Education. It will focus on the following four areas: • Choice : identifying ways to help people make more effective choices between the different options available after 18, so they can make more informed decisions about their futures. This could include more information about the earning potential of different jobs and what different qualifications are needed to get them, as well as ensuring they have access to a genuine range of high quality academic, technical or vocational routes. • Value for money : looking at how students and graduates contribute to the cost of their studies, to ensure funding arrangements across post-18 education in the future are transparent and do not stop people from accessing higher education or training. • Access : enabling people from all backgrounds to progress and succeed in post-18 education, while also examining how disadvantaged students receive additional financial support from the government, universities and colleges. • Skills provision : future-proofing the economy by making sure we have a post-18 education system that is providing the skills that employers need. This is crucial in boosting the UK economy and delivering on the government’s Industrial Strategy.

CIPP comment The panel’s report will be published at an interim stage and the review will conclude in early 2019. The interim report should indicate whether there are any relevant proposals which will affect the collection of student loans; already a complex enough area going forward. We will keep the payroll profession and employers informed.

Further information about the review can be found on GOV.UK.

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Spring Statement 2018 14 March 2018

In the UK’s first Spring Statement the Chancellor provided an update on the UK economy, major tax or spending changes will now be made once a year at the Budget in the autumn.

The Spring Statement gives an update on the overall health of the economy and the Office for Budget Responsibility (OBR) forecasts. It provides an update on progress made since Autumn Budget 2017 and also invites people and businesses to give views on changes the government is considering.

All information pertaining to the Spring Statement 2018 has been published on GOV.UK and includes further details about the following:

The Chartered Institute of Payroll Professionals

Payroll: need to know

cipp.org.uk

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