Latest Quick Poll results: The extension to the CJRS was the announcement made at Budget that will most substantially impact 75% of payroll departments
30 March 2021
The CIPP’s latest Quick Poll focused on the content of the Budget, delivered on 3 March 2021, and asked, “Which of the following announcements made at Budget 2021 will impact the work in your payroll department most significantly?”
The answer options were as follows:
- The extension to the CJRS
- Confirmation of tax rates and thresholds
- Confirmation of National Insurance (NI) thresholds
- £3,000 payment for hiring apprentices
- The portable apprenticeship programme
Unsurprisingly, it was the news that the Coronavirus Job Retention Scheme (CJRS) would be extended that the majority of respondents selected, at 75%.
The CJRS was due to close at the end of April 2021, following several extensions prompted by the ongoing impacts of coronavirus. Rishi Sunak announced within the Budget that the scheme is now due to close at the end of September 2021, with the level of Government support offered gradually reduced, from 80%, to 70% for claim periods commencing 1 July 2021, and then to 60% for the claim periods of August and September 2021.
This was followed by 18% who felt that the confirmation of the tax rates and thresholds would impact their payroll department the most.
4% confirmed that it was the news that employers hiring apprentices between the dates of 1 April 2021 and 30 September 2021 will be offered £3,000 per new apprentice hire, as opposed to the previous amounts of £1,500 for each new apprentice hire, or £2,000 where that apprentice was below the age of 25.
3% stated that the confirmation of the NI thresholds would affect the work of their payroll departments most significantly, and 2% felt that news of the portable apprenticeship programme would have the biggest impact.
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