The Chartered Institute of Payroll Professionals
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Payroll service professionals operating as troncmasters will need to keep abreast of the changes and how they structure the allocation of tips. Although in this situation it would always be the employer who is ultimately responsible, as with other payroll processes such as PAYE.
Additionally, payroll professionals working in industries accepting tips will be required to understand the requirements, including the right by employees to access their tipping records and how fast tips should be paid to employees.
The code is open for consultation until 4.30pm on 22 February 2024. If you have any comments for the DWP regarding the code, how it works, or anything you require clarifying then we strongly urge you to respond. If you have any comment for the CIPP please email them to policy@cipp.org.uk and we can take them into account and hand them over to the DWP, either through the consultations or in separate conversations.
The act itself will come into effect on 1 July 2024 in England, Scotland and Wales, so you still have some time to prepare for the additional duties. Prepare now to comply as non-compliance will risk tribunal proceedings.
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Detailed information collections from government Published: 9 February 2024 Emailed: 14 February 2024
On 8 February 2024, out of nowhere, many government departments published collections on a number of topics, described as detailed information.
They provide links to guidance and informational content on the title topic, so they might be a good page to bookmark in case you need easy and convenient access to the myriad of information.
The topics released include the below, each is a link to the relevant page: Income Tax: detailed information PAYE: detailed information National Insurance: detailed information Off-payroll working (IR35): detailed information Anti money laundering supervision: detailed information Employment related securities: detailed information Trusts and estates: detailed information Community amateur sports clubs (CASCs): detailed information Large and mid-size business guidance: detailed information HMRC complaints and appeals: detailed information
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Apprenticeship reforms and levy changes Published: 22 March 2024 Emailed: 27 March 2024
The government has announced some changes to apprenticeships and the apprenticeship levy in a bid to support small businesses and remove burdens.
From 1 April 2024, the government intends to fully fund apprenticeships in small businesses. This aims to reduce costs and burdens for businesses. This is brought alongside a £60 million of additional funding to make sure that where there is demand it can be met. Additionally, from April, there will be an increase in the amount of funding employers who pay the apprenticeship levy are able to pass onto other businesses. Currently, 25% of the levy paid can be transferred, this will be increased to 50%.
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