What is National payroll Week?
National Payroll Week is an annual event dedicated to recognising and celebrating the crucial role that payroll professionals play in ensuring employees are paid accurately and on time. It serves as an opportunity to raise awareness about the payroll process, financial literacy, and the overall importance of fair compensation within the workforce.
Did you know…
- Payroll professionals need to deal with over 170 pieces of legislation that effects how we do things, and this is constantly growing!
- The current way of processing payroll (PAYE) was introduced in 1944
- The current way of reporting payroll (Real Time Information) was introduced in 2013
- It is said that Albert Einstein quoted “the hardest thing to understand in the world is the income tax”
There will certainly be some celebratory cakes in the office that week as a thank you and recognition to our staff for all their hard work!
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