POLICY HUB
On your behalf
Policy team update
What interesting events, meetings and research have the CIPP's policy team been involved in?
BeKnowledgeable: payroll policy making Following the resounding success of the return of the BeKnowledgeable series in April 2022, editor, Lora Murphy will be hosting the next session, on 19 May 2022. This webinar centres on the topic of payroll policy making and introduces something a bit different to the series. Rather than focusing on the intricacies and nuances of an area of payroll processing, this session will explore how payroll policy is formed. The CIPP’s policy team sits on several forums, liaises regularly with government departments and responds to many consultations and calls for evidence to ensure it's representing the voice of the payroll profession. Hopefully you’ll leave this BeKnowledgeable event with additional knowledge on how you can get involved in the work the team carries out, and a further awareness of how the CIPP and its members have shaped some of the payroll policies you will be familiar with.
Customs (HMRC) published a consultation which explored options on how to raise standards in the tax advice market. The original suggestion was to make it mandatory for all tax advisers to have professional indemnity insurance (PII). There’s no standard definition of tax advice, and the consultation indicated that payroll professionals could have been considered as providing tax advice in their roles, so the outcome of this consultation was of the utmost importance to the CIPP and the wider profession. In its consultation response, HMRC confirmed there wouldn’t be a mandatory requirement for tax advisers to hold PII at this time, but also that it would explore options to improve the wider regulatory framework around standards in the tax advice market. It also committed to undertake a further consultation in this area. On 28 April 2022, policy lead, Samantha O’Sullivan travelled to HMRC’s Stratford office to participate in a face-to-face group workshop, held for key stakeholders. This was to help shape HMRC’s follow-up consultation. Look out for an update on this topic in an article in a future issue of Professional magazine. Policy survey updates The CIPP Payslip Statistics Survey went live in March 2022, and all answers have now been collected and included in a report on the topic. The report will present current payslip trends and allow you to compare
them to those implemented within your organisation. Keep your eye out for the report, which will be published shortly. And the research doesn’t stop there! At the time of writing, the Future of Payroll Survey had just been published, ready for people to respond to. Ensure you take the opportunity to share your views and have your voice heard. This crucial piece of research only comes around once every two years, but always provides relevant and insightful results.
Payroll pets We still want to see your payroll pets – those little faces that stare loyally at you as you put the world to rights or vent at them about your day! The first instalment of payroll pets is included in this very issue of the magazine, so be sure to check out a selection of furry and feathered friends, on page 48. To see your payroll pet in the pages of Professional , please send your snaps to editor@cipp.org.uk . We’re still waiting for that tax tarantula! n
Raising standards in the tax advice market In 2021, Her Majesty’s Revenue and
5
| Professional in Payroll, Pensions and Reward |
Issue 80 | May 2022
Made with FlippingBook - Online magazine maker