IPP describes Microsoft’s plans to turn off its hosted payroll software 10 days before Xmas “a potential disaster”

Written by PayPerShop.com - Filed under: Press Releases on November 18th, 2009

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The Institute of Payroll Professionals (IPP) described Microsoft’s plans to stop selling its Office Accounting service and turn off its hosted payroll software 10 days before Christmas as “a potential disaster”.

Businesses that have registered for Microsoft’s Office Accounting service will still be able to use it, but the software will no longer be updated to show changes in legislation, such as the upcoming adjustment of sales VAT from 15% back to 17.5% come 1 January 2010. As a result, these companies will need to find new ways to pay their employees in a very short space of time.

Elaine Gibson, Senior Policy and Research Officer and Manager of Strategic Academic Qualifications of the IPP, said: “It is really bad timing for Microsoft to be shutting down its hosted payroll software so close to Christmas considering a number of organisations that use this service pay their staff earlier in December.

“The situation is a potential disaster for payroll departments that need to honour their company’s contractual pay date obligation as the implications for possible late payment are far-reaching – not only for employees who need to be paid on time but in relation to compliance with HM Revenue & Customs’ deadlines.”

ENDS

About the IPP:

The IPP is a 24 year-old membership organisation that wants to achieve chartered status (formerly known as The Institute of Payroll and Pensions Management until Sept 2006).

What the IPP offers:

Training and professional qualifications
Professional designatory letters, e.g. MIPP (pensions)
An Advisory Service with up to date online industry news
Continuing Professional Development programme encouraging self improvement and career development structure
A monthly journal called PayrollProfessional
Recruitment: full time, part time and temporary
Representation at the highest levels of government through a very active policy team
Participation in a long range strategy to change the perception of the payroll profession
Regular events, meetings, conferences.

For more information, contact:
Jo Victoria Russell
Public Relations Officer

Institute of Payroll Professionals
Shelly House
Farmhouse Way
Monkspath, Solihull
B90 4EH
t: 020 7600 6278
e: jovictoria.russell@payrollprofession.org
www.payrollprofession.org

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Written by PayPerShop.com - or reproduced on behalf of the company supplying the above information.

Filed under: Press Releases on November 18th, 2009