`The Chartered Institute of Payroll Professionals
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was surprising to see the change being applicable from July even though threshold changes usually take place from April at the start of the tax year. Interestingly, the reason cited was to allow payroll software providers time to implement the change. Some of the well-known software providers in the industry responded by publicly announcing that the change should be implemented sooner and they could implement the change immediately. The CIPP’s policy team has since been in communications with HM Treasury, to give them some feedback from the industry. We wanted to see how many of our members agreed that the change should have been applicable sooner. A significant majority of 63% agreed that the changes could be implemented sooner than July 2022. We are unable to confirm the background or specialism of the respondents, but the results give us a brief representation of the thoughts of payroll professionals.
Could the change in the primary threshold been implemented sooner?
Percentage responded
Yes - the changes could be made in time for the new tax year
63%
Government timelines should determine the implementation date
6%
No - some software providers need more time to implement the change
17%
No - time is needed for testing
14%
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Quick Poll: Do you use a charitable giving scheme through the payroll? Published: 12 April 2022 Emailed: 13 April 2022
The policy team would like to know if you or your clients operate a charitable giving scheme through the payroll. These schemes allow donations to be made to charities and potential tax savings in the process.
The policy team are always trying to keep up with the latest trends and processes used by payroll professionals. Head over to our news page to take the poll, it takes less than a minute to complete and will help the CIPP collect valuable data to improve our offerings.
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Quick Poll Results: Do you/your clients operate charitable giving through the payroll?
Published: 16 May 2022 Emailed: 18 May 2022
The policy team here at the CIPP wanted to know how many businesses operate a charitable giving scheme through the payroll. Our last quick poll asked this question, and the results are in.
The majority of respondents do not operate a charitable giving scheme, with 54% saying that they don’t and an additional 4% saying they don’t but plan to in the future.
However, a not insignificant 38% of responses indicate that they do operate such a scheme. Charitable giving payroll schemes can be a tax efficient way for employees to make donations to registered charities.
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