CIPP Payroll: need to know - 2022-23

`The Chartered Institute of Payroll Professionals

News On Line

Paula Sussex, CEO of Student Loans Company to leave at the end of this year ............................................131 Student loan interest rates and repayment threshold changes ........................................................................ 131 New CEO appointed at the Student Loans Company ...................................................................................... 132 Student loan thresholds for 2023/24 confirmation from HMRC ........................................................................ 132 Other News....................................................................................................... 133 New digital fit notes rolled out .......................................................................................................................... 133 CPI hits 7% in March 2022............................................................................................................................... 133 During this parliament higher rate taxpayers set to increase by 2.5 million...................................................... 133 Inflation hits 9% in the year up to April 2022 .................................................................................................... 134 Administrative Burdens Advisory Board: Tax systems survey.......................................................................... 134 Will your organisation be taking part in the 4-day week pilot programme?....................................................... 134 New legislation expands on who can sign a fit note for SSP purposes ............................................................ 135 CIPD Good Work Index dives into the ‘great resignation’ ................................................................................. 135 CPI Inflation hits 9.1% ...................................................................................................................................... 135 New tax demand scam in circulation ................................................................................................................ 136 End of the Internet Explorer Era ....................................................................................................................... 136 Inflation rises to 9.4% ....................................................................................................................................... 137 4 August 2022 – Cycle to Work Day................................................................................................................. 137 Bank of England sets interest rates at 1.75%................................................................................................... 137 Plan ahead for the bank holiday – Bacs deadlines........................................................................................... 138 Inflation hits double figures year-on-year ......................................................................................................... 138 A reminder of changes to right to work checks from 1 October 2022 ............................................................... 139 19 September 2022 to be bank holiday............................................................................................................ 139 19 September 2022 will be a non-processing day for Bacs.............................................................................. 140 High Pay Centre: CEO pay survey ................................................................................................................... 140 New SSP1 form issued .................................................................................................................................... 141 Four-day week pilot – half way point ................................................................................................................ 141 Real Living Wage Foundation announces new rates ....................................................................................... 141 Bank of England sets base rate at 2.25% ........................................................................................................ 142 New digital service to offer support to SMEs managing health and disability in the workplace ........................142 CIPP join PayDashboard as associate organisers of The Payroll Services Summit 2022 ...............................143 Ensure you install the latest update of Basic PAYE Tools................................................................................ 143 Payslip message reminder ............................................................................................................................... 143 ONS report reveals gender pay gap data for 2022........................................................................................... 144 Get ready for Talk Money Week....................................................................................................................... 144 Bank Rate increases to 3% .............................................................................................................................. 145 Additional Bank Holiday confirmed for 2023..................................................................................................... 145 Inflation for October announced at 11.1% ........................................................................................................ 145 Twitter’s payroll department walks out ............................................................................................................. 146 Keep calm and jingle all the way – plan your payments todayPublished: 23 November 2022 .........................146 Inflation slows to 10.7%.................................................................................................................................... 147 Bank of England raises bank rate to 3.5% ....................................................................................................... 147 A call for support on the employment of veterans ............................................................................................ 148 Consumer Price Inflation (CPI) rate update...................................................................................................... 148 The UK public and employers back veterans ................................................................................................... 148 Q&A: call for evidence on the umbrella company market................................................................................. 149 Businesses facing industrial action................................................................................................................... 150 A month of ‘love’ and ‘giving’ ............................................................................................................................ 150 Bank of England raises bank rate to 4% .......................................................................................................... 151 It’s National Apprenticeship Week .................................................................................................................... 151 HMRC update: pension scheme administration ............................................................................................... 151 Apprenticeships bursary for care leavers ......................................................................................................... 152 Consumer Price Inflation (CPI) rate update...................................................................................................... 152 Give the gift of marriage allowance .................................................................................................................. 153 P45 form: did you know?.................................................................................................................................. 153 DWP supports people aged over 50 at work .................................................................................................... 154 Form P45: procedures for pension recipients................................................................................................... 154 CPI inflation on the rise again .......................................................................................................................... 155 Tips for the bank holiday period from Bacs.co.uk............................................................................................. 155 National living wage / national minimum wage ............................................ 157 BEIS release government evidence on National Minimum Wage compliance and enforcement .....................157 Review of the National Living Wage from 2015-2020....................................................................................... 157 Real living wage announcement brought forward ............................................................................................ 158 Low Pay Commission report: Minimum wage underpayment in Leicester textiles manufacturers ...................158 TUC calls for £15 minimum wage..................................................................................................................... 159

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