This week is National Payroll Week (NPW) and we’re celebrating!
National Payroll Week recognises and celebrates not only the impact of payroll on business, but also the contribution that payroll makes to the UK economy.
- Payroll contributes £418 million* to the UK economy through the collection of Tax and National Insurance (*based on income tax and National Insurance Contributions)
- Payroll is the largest expenditure in most UK organisations and therefore should be managed by qualified professionals
- Payroll can save employees money through salary sacrifice and other arrangements which improves employee motivation and morale
More information on National Payroll Week can be found on the Chartered Institute of Payroll Professionals (CIPP) website here.