`The Chartered Institute of Payroll Professionals
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The list provides the names of all professional organisations that Her Majesty’s Revenue and Customs (HMRC) has approved for tax relief. The relief can be claimed for approved bodies if being a member of that body is relevant to your job role.
Tax relief cannot be claimed if membership fees or subscriptions are:
• not paid yourself (for example if your employer has paid for them) • paid to professional organisations that are not approved by HMRC.
HMRC regularly updated the list to ensure it is up to date with new bodies, bodies that changes names or merge and bodies that dissolve. This can be particularly important for those in a payroll services capacity to inform workers of the relief they can claim.
It is also important to remind our members that the CIPP is listed on “List 3” as “Payroll Professionals Chartered Institute of”. Therefore, if the criteria are met, tax relief can be claimed on your CIPP membership.
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New Quick poll: would you change pay frequency to support worker financial wellbeing?
Published: 30 August 2022 Emailed: 31 August 2022
The cost-of-living crisis is a permanent fixture in the news currently with no end in sight and inflation estimated to hit 18% in 2023.
Companies across the country are exploring ways to support and assist workers. One option for employers is to pay staff more frequently, improving workers’ cashflow.
The policy team would therefore like to ask: To assist with employee financial wellbeing, would your company consider a change in pay frequency to certain employees/clients?
Head over to our news page to take part in our quick poll, it only takes a minute.
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Quick Poll results: Would you consider changing pay frequencies to assist with employee’s finances? Published: 13 September 2022 Emailed: 14 September 2022
Our last quick poll asked the question “ To assist with employee financial wellbeing, would your company consider a change in pay frequency to certain employees/clients? (e.g. weekly or fortnightly) ”.
Here are the results: Answer
Result
Yes
20% 74%
No, will not consider
No, already pay employees/clients weekly
6%
With almost three quarters saying they wouldn’t consider the options this is the overwhelming majority. Of course, changing pay frequencies can be a huge undertaking for larger businesses, can cause payment issues and may come at considerable cost. It is therefore understandable that many companies would not be willing to make this move.
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