POLICY HUB
On your behalf
Time never stands still in the world of payroll, and the same is true for the CIPP’s policy and research team . Read on to find out what the team has been up to recently and how you can get involved Policy team update
National Payroll Week (NPW) For payroll professionals, September is, of course, synonymous with NPW. We’re really excited to celebrate the profession – are you? Taking place between 5-9 September 2022, the policy team is involved in several events this year. The whole policy team will be kicking the event off in style, providing you with a legislative update, to discuss the changes we’ve seen so far and to consider what’s still yet to come. Make sure you stay up to date and sign up here: http://ow.ly/ v2bj30spkcf. Our very own policy lead, Samantha O’Sullivan will then be leading a face- to-face discussion regarding the future of payroll later that day. She’ll be asking what new, intriguing developments payroll teams could face in the months and years to come. Net Pay Action Group As you’ll know, the policy team sits on a range of government consultation forums. Several of them relate specifically to pensions, and one of those is the Net Pay Action Group. Policy and research officer, Mathew Akrigg, is the CIPP’s representative on this particular forum. A meeting was held on 25 July to discuss the proposed remedy for the net pay arrangement (NPA) anomaly. The anomaly occurs where individuals who earn above £10,000 (the trigger for automatic enrolment) but below the
current standard personal tax allowance of £12,570, are placed in a NPA pension scheme. It’s intended they receive 20% tax relief as the pension deduction is taken prior to tax being calculated. As they aren’t liable to pay any tax, they don’t end up receiving that relief. Her Majesty’s Revenue and Customs (HMRC) will address the issue by providing a ‘top up’ payment to affected individuals. This will come into force for the tax year 2024/25, with payments made as soon as possible following the tax year the contribution is paid in. The group discussed the proposals and their impacts. Notably, how they interact with universal credit (due to not being a tax refund, but instead a payment), the timescales involved and the legislative framework required. They will be drafting a response to advise HMRC of ways in which the process can be improved. BeKnowledgeable On 16 August, Andy Nicholls, industry liaison manager at The Pensions Regulator, delivered a BeKnowledgeable session. This webinar focused on pensions and automatic enrolment for payroll, and some of the topics covered included:
Thank you to Andy and to all those who joined – we hope you found it as informative as we did. The BeKnowledgeable sessions will be taking a brief hiatus so the policy team can focus on NPW this month, and of course, the Annual Conference in October. Fear not though, as they will return with a bang in November, as we unveil a whole new series for you to enjoy. Do you want to be a payroll celebrity? Yes, this dream could soon become a reality. The editor of Professional , Lora Murphy, is looking for
members to submit articles and to appear in the pages of the December / January issue of this
very publication. The theme is the member takeover , and it’s you guys who will decide the content and direction of that particular issue.
Is there a notable technical area of payroll you’d love to write about, or a recent development that really caught your attention? We’d love to hear from you. Contact Lora Murphy, our editor, at editor@cipp.org.uk , to request further details and to discuss potential pieces to go in the magazine. We can’t wait for you to have your say and get involved. n
● who to enrol ● opt-in / join ● opt-out ● postponement ● exceptions ● worker communications.
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| Professional in Payroll, Pensions and Reward |
Issue 83 | September 2022
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