Professional November 2023

NATIONAL PAYROLL WEEK

Vickie Graham DipM ACIPP ACIM, business development director, CIPP , provides a summary of the magical event that was National Payroll Week (NPW) 2023 J eremy Hunt, chancellor of the Exchequer, said: “Payroll departments have a critical role 1998 to celebrate the important role payroll plays within businesses and the UK economy, and it was fantastic to kick off the week in 2023 with an endorsement from the current chancellor recognising that role.

outcomes. You can find out more at https://ow.ly/gq3i50PX7Zi. The week continued on a high, with a plethora of industry events and social media activity which celebrated payroll professionals. n

in supporting the UK economy through the tax and national insurance system, collecting taxpayer’s contributions to fund essential UK services. In doing this [National Payroll Week], you are both supporting government policy and upskilling and supporting payroll staff to meet that challenge. “Please accept this letter as my support and endorsement of your work in professionalising this important sector.” NPW was introduced in the UK in

At the start of NPW 2023, the CIPP was pleased to announce the introduction of the earned wage access (EWA) Code of Practice. Working with seven leading UK providers of EWA, this code was written in response to a recommendation by the Financial Conduct Authority (FCA) and sets the common standard for firms providing EWA products to deliver good consumer

HM Treasury, 1 Horse Guards Road, London, SW1A 2HQ

Mr. Jason Davenport MCIPP MIoD Chief Executive Officer Ms. Samantha O’Sullivan MCIPPdip Policy Lead

CIPP, Goldfinger House 245 Cranmore Boulevard Solihull, B90 4ZL

17 August 2023

Dear Jason and Samantha,

Chartered Institute of Payroll Professionals – National Payroll Week 2023 Thank you for your letter of 7 July regarding your National Payroll Week from 4-8 September. I appreciate you bringing this to my attention and giving me the opportunity to endorse the work of payroll professionals. As your letter highlights, payroll departments have a critical role in supporting the UK economy through the tax and national insurance system, collecting taxpayer’s contributions to fund essential UK services. In doing this, you are both supporting Government policy and upskilling and supporting payroll staff to meet that challenge. Please accept this letter as my support and endorsement of your work in professionalising this important sector. You also invited me to join your National Payroll Week reception on Monday 4 September. I regret I will be unable to join you – but I am sure representatives from key Government Departments will be able to attend and share feedback after the event.

“It was fantastic to kick off the week in 2023 with an endorsement from the current chancellor recognising that role”

Yours sincerely,

RT HON JEREMY HUNT MP Chancellor of the Exchequer

MONDAY 5 SEPTEMBER

The week kicked off with a payroll update from the CIPP’s policy team, in which they covered the tax year so far, as well as what’s on the horizon. Following this, we hosted a lively roundtable discussion on the future of payroll with our NPW sponsors and supporting partners. The key themes focussed on: l the importance of education within the payroll profession l the strategic value of payroll and how we can get payroll recognised as a strategic partner within business l the future of payments, specifically focussing on EWA l technology, including cyber security for payroll and HM Revenue and Customs’ (HMRC’s) plans for digitalisation. We finished the day with the NPW drinks reception, which was once again held at the fabulous London Sky Garden. Clare Warrington, chair of the CIPP, addressed the 250 payroll professionals in attendance with an update on NPW and what the CIPP has been doing on your behalf.

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| Professional in Payroll, Pensions and Reward |

Issue 95 | November 2023

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