Payroll is an area of business which is constantly changing and keeping up-to-date and compliant is a real challenge. This course will bring you up to speed on all the latest developments, including Benefits in Kind, statutory payments, national minimum wage, IR35 and Universal Credit. It will also discuss further major changes such as the significant increases in National Insurance Contributions and the new Health and Social Care Levy.
The compliance activity around the Coronavirus Job Retention Scheme (CJRS) is now in full swing and will be with us for the next 6 years, so we will also outline what you can expect from HMRC and how to prepare.
Our expert presenter will guide you through these complex subjects and ensure you are well prepared for the months ahead. Attending this important update will give you the confidence to know that you organisation is running a compliant payroll operation.
This payroll update course will cover the following:
- Payroll legislation changes
- The Spring Statement and Queens Speech
- NI threshold changes from 6th July 2022
- The introduction of the Health and Social Care Levy 2023
- Student Loan and a possible Plan 5
- Expenses and benefits
- What issues does hybrid working now present in terms of benefits in kind?
- COVID-19 – which easements have ended, and which have been extended?
- Will your P11Ds be correct this year, especially in respect to the end of the company car transitional rules?
- Pensions and Auto Enrolment
- Changes to state pension age and NMPA
- Future changes for Auto Enrolment
- Other compliance issues
- Off-payroll working - HMRC no longer taking a light touch approach
- Deemed workers caught by IR35
- The payroll implications and new processes to consider
- NMW/NLW - it's not just about low earners... most employers appear to be non-compliant according to HMRC...
- What do you need to be aware of?
- What are the proposed plans for the future of NLW and what impact will this have on businesses?
- Holiday pay - a challenging area
- COVID-19 carry forward
- The enforcement of holiday pay by a new regulator
- COVID-19
- A summary of the last 2 years
- The government’s plans to combat fraud, including the £25 million pound investment into the new “Public Sector Fraud Authority”
- What else could there be?
- The Data Reform Bill, will it replace GDPR in the UK?
- More Universal Credits, as the government replaces 7 benefits with UC, what impact will this have on payroll and field item 43?
Please note that the content of this course does change regularly, but will always follow the broad headings above.
The course is crucial for people with any Payroll or HR responsibility within their company. Whether you run your payroll in-house or outsource it to an agent – you will benefit a great deal from attending this course.
If you outsource your payroll, this course will help you ensure that you are getting good value for money from your agent and also make you aware of any changes that still need to be implemented by employers rather than their agents.
It is also perfect for the payroll agents themselves, who are looking to ensure that the payroll service they are providing for their clients is fully compliant.
The course assumes some prior understanding of payroll or HR. If you do not have this, you may wish to consider our full-day course The Essentials of UK Payroll Processing before attending this course.
