Payroll Outsourcing Provider of the Year
Posted: 12/8/2006 2:36:57 PM
Ceridian is honoured to have been judged Payroll Outsourcing Provider of the Year at the 12th annual Pay Awards, organised by Pay Magazine. In the face of strong competition, the judges particularly commented on the quality and consistency of our customer service.
Good Friday 2007 - Beware
Posted: 12/8/2006 2:38:07 PM
Beware Good Friday 2007 - Tax year 2007-08 could prove a veritable minefield!
16 November 2006
For the first time ever in the history of PAYE, the start of a new tax year - April 6 - falls on a Good Friday and is likely to cause major confusion.
Simon Parsons, Payroll and Legislation Product Manager at Ceridian and 'Person of the Year' at the Institute of Payroll Professionals 2006 Awards, observes:
The start of the next tax year may impact weekly, fortnightly, lunar and monthly payrolls where payments would normally have fallen on 6 April 2007. Take, for example, monthly paid employees. If their payments have to be brought forward, it will create a month 13 in the current tax year and only 11 payment months in the next. This is going to cause potential confusion and issues for employers and employees, not to mention some payroll software developers.
At the heart of the problem is the fact that direct credit payments cannot be made through BACS on Bank Holidays. Tax year 2007/2008, like any other tax year, starts on 6 April 2007 (Good Friday) and the next day of the working week, Monday 9 April 2006 is Easter Monday. Since both dates are Bank Holidays, some employers may choose to pay their employees early, on for example 5 April 2007 or late, on for example, 10 April 2007.
HMRC has stated that where, owing to the Good Friday Bank Holiday, pay due to be paid on 6 April 2007 is paid early, PAYE and NIC should be applied in tax year 2006-07.
This is further complicated for weekly payrolls as the next payment due on 13 April 2007 is tax week 2. And for monthly payrolls that pay on the sixth day of the month, the next payment on 6 May 2007 is tax month 2.
Weekly paid employees on cumulative tax codes will receive one week's pay but two weeks' free pay (tax allowances). As a result, many employees will have less PAYE tax deducted than normal on their first payment in tax week 2. The final pay day in 2007-08 will also be a PAYE tax week 53, even though there may only have been 52 payments in the tax year! Similar impacts may apply for fortnightly, lunar and monthly paid employees if they would normally have had payments on 6 April 2007. Employers need to be mindful of the potential pitfalls. Tax year 2007-08 could prove a veritable minefield!
Simon Parsons
Simon Parsons 'Person of the Year" in IPP 2006 Awards
Posted: 12/8/2006 2:40:09 PM
16 November 2006
Simon Parsons, Payroll and Legislation Product Manager at Ceridian, has been named 'Person of the Year' at the Institute of Payroll Professionals (IPP) 2006 Awards. The award is presented to an individual, of any grade, who has significantly contributed to the payroll or pension profession over a period of time.
Simon Parsons' citation read: "The judges were impressed by Simon's contribution as a champion of the payroll MSc, acting as a mentor to the programme offered by the University of Derby in association with the IPP. The key issue which most influenced the judging panel was Simon's mature contribution to consultation with government, particularly in helping to move forward from potentially difficult situations, and smoothing over the sharp edges between government needs and employers' challenges."
We are delighted that Simon has received this significant accolade. He is a highly respected authority in the field and a valuable member of our management team. Ceridian has the highest proportion of IPP qualified service delivery staff in the UK and Simon is one of seven holders of an MSc in payroll management employed at Ceridian.
Doug Sawers - Managing Director of Ceridian in the UK
Simon Parsons holds MSc and FIPPDip qualifications.
