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Important Payroll Legislation Updates You NEED to Know
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This episode was taken from a live recording of the Payroll Question Time June ‘24 Webinar.
Join your host Nick Day on today’s episode of the Payroll Podcast as we dive deep into the latest payroll insights with industry experts Karen Thompson, Simon Parsons, and Matthew Akrigg.
In this episode of Payroll Question Time, we navigate the key payroll legislation updates starting with the influence of the upcoming general election on employment rights and payroll policies.
Our expert panel delves into political promises and their implications for the payroll sector, exploring potential changes in national insurance and zero-hours contracts.
We address the latest updates from HMRC, including staff reductions and their impact on wage bills. Our discussion moves to Real-Time Information (RTI) challenges, where we share troubleshooting tips and explore desired RTI improvements, such as better interaction with HMRC and simplifying tax reliefs on pensions.
Discover insights into new salary sacrifice schemes and the potential pitfalls of misleading marketing practices. We also explore the future of National Insurance Contributions (NICs), debating whether to merge them with income tax for a more streamlined system.
Join us for an enlightening session that balances payroll compliance complexities with practical solutions and expert advice.
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Our Expert Panel:
- Simon Parsons, Director of UK Compliance Strategies at SD Worx
- Karen Thomson, UK Payroll Director, AAB
- Matthew Akrigg, Policy and Research Officer, CIPP
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