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It's National Payroll Week 6th - 10th September - Join Us Celebrating Payroll Professionals

National Payroll Week was established in the UK by the Chartered Institute of Payroll Professionals (CIPP) in 1998 to celebrate the payroll profession and to give it the recognition it deserves.

The week is designed to demonstrate the impact the payroll industry has in the UK through the collection of income tax and National Insurance; £249 billion* is paid to the government through income tax and national insurance contributions.

The celebrations cover payroll bureaus such as Cashtrak who provide a payroll service to businesses and to payroll professionals employed directly by businesses.

Payroll professionals have been designated as key workers during the COVID pandemic. We have supported a lot of our clients through the pandemic:

  • Integrating a new ecommerce sales platform to Xero for a client who had previously only traded with retail customers to sell to individual customers (they have been very successful with this sales approach)
  • Calculating furlough payments for part funded childcare setting with staff working a variety of different hours
  • Supporting a pub with furlough calculations and providing forecasting and budget reports to help them to understand their financial position
  • Providing guidance and support to a client who had started trading in February 2020 to understand how they could survive with the downturn in work at such an early stage of the business
  • Helping clients who are furloughing directors with what duties they are still able to undertake

We didn’t charge for any of our pandemic support, at the time it didn’t even cross our minds but since, we have found out a lot of bookkeepers and accountants have charged!!

Join us in celebrating our payroll professionals!

*based on income tax and national insurance contributions as shown on Labour market overview, UK - Office for National Statistics (ons.gov.uk) The data suggests this has fallen by £730,000.



 

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