CIPP Payroll: need to know - 2023-24

The Chartered Institute of Payroll Professionals

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It also has been communicated that early adopters of the Living Hours measures include major employers like Aviva, SpareRoom and Wealthify, as well as small and medium-sized businesses across the country. Over 50,000 employees stand to benefit from the measures so far.

Katherine Chapman, Director of the Living Wage Foundation, said:

“Over the past year, low pay and insecure employment have played a huge role in pushing households to the financial brink. Reaching 100 accredited Living Hours employers is a significant milestone that shows the growing momentum behind the movement for secure hours and decent pay in the UK. Predictable working hours alongside a real Living Wage are the bedrock of stable finances and a dignified life, yet millions of people still need both. It’s fantastic to see more and more employers leading the way in providing Living Hours alongside the Living Wage and we encourage others to sign up if they can."

Read the full news story, here.

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Follow the progress of the Private Members' Bills Published: 29 August 2023 Emailed: 30 August 2023

The Private Members' Bill is a type of public bill introduced by an individual member of the House (rather than the government). You can follow the progress of Private Members' Bills in the House of Lords or visit a specific bill.

Private Members' Bills are public bills introduced by MPs and Lords who are not government ministers. As with other public bills their purpose is to change the law as it applies to the general population. A minority of Private Members' Bills become law but, by creating publicity around an issue, they may affect legislation indirectly.

Like other public bills, Private Members' Bills can be introduced in either House and must go through the same set stages. However, as less time is allocated to these bills, it is less likely that they will proceed through all the stages.

The Private Members Bills includes bills such as:

the Neonatal Care (Leave and Pay) Bill

• the Protection from Redundancy (Pregnancy and Family Leave) Bill • the Carer’s Leave Bill • the Employment (Allocation of Tips) Bill • the Employment Relations (Flexible Working) Bill • the Pensions (Extension of Automatic Enrolment) (No. 2) Bill. Back to contents

Companies House: file your accounts early to avoid penalties Published: 30 August 2023 Emailed: 6 September 2023

Companies House have urged businesses / agents to file accounts due, by the end of September allowing plenty of time before the deadline. All limited companies, whether they trade or not, must deliver annual accounts to Companies House each year. This includes dormant companies. It is important to remain compliant and late filing could affect a company. Missing a filing deadline could also affect a directors credit score or access to finance. There is also then a risk of financial penalties and legal consequences – including a criminal record, a fine or disqualification.

Companies House states, that even if an accountant / agent files a company’s accounts on a directors behalf, it’s still the directors responsibility, to make sure they’re filed on time.

Companies House has also shared information on:

filing online

cipp.org.uk

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