Payroll & HR Annual Update 2024

Payroll Update 2024

The UK Budget and Autumn Statement for 2024

• The general budget/statement updates
• What the budget means to payroll
• How could this year’s election effect payroll?
• Will there be a spring statement / further changes that will affect payroll and HR?

The new normal

• Staff Technology and Support in the “New World” for home working
• Disaster Recover and Procedures
• Understanding Hybrid working and rules
• Flexible Working and flexible working rights
• Staffing – what’s to come and what’s in review or consultation.

The new normal

• Staff technology and Support in the “New World” for home working
• Disaster Recover and Procedures
• Understanding Hybrid working and rules
• Flexible Working and flexible working rights
• Staffing – what’s to come and what’s in review or consultation.

International Updates

• Key changes to International Processing
• The UK relationship with Europe and requirements and agreement changes

Income Tax

• Tax and Allowances in England and Northern Ireland
  • Codes, Allowances, Bands and Thresholds
• Scottish Income Tax (SIT)
  • Codes, Allowances, Bands and Thresholds
  • The future path of Scottish Income Tax
• Welsh Income Tax (WRIT)
  • Codes, Allowances, Bands and Thresholds
  • Welsh plans around change
• Future Tax Expectations and government plans

Childcare and Absence

• Childcare Vouchers are constantly under review as less and less staff are eligible
  • What’s the future
  • Understand what options staff have
• Changes to absence reporting and Fit notes

Salary Sacrifice and Flexible Benefits

• Revisiting Salary Sacrifice, its rules and value
• The value and rules of legacy and OpRA arrangements
  • Revisiting the rules and application of Opra
• What’s new or could be considered by employers to improve their benefits package
• Best practice and leveraging savings

Holiday Pay

• Understanding and managing the implications of a varied workforce in the new world – A discussion on the effect
• How have the changes in working impacted on entitlement and managing variable staff
• Reviewing recent case law on eligibility, entitlement, and payment calculation
• Are the EU exit rules making a difference?
• Understanding part-year and part-time workers on permanent contracts and the future of legislative changes
• UK Rates and Thresholds
• Use of the Employment Allowance
• National Insurance Holidays – updates and best practice
  • The future of Veterans and Freeports
• Investment Zones

National Insurance

• UK Rates and Thresholds
• Use of the Employment Allowance
• National Insurance Holidays – updates and best practice
  • The future of Veterans and Freeports
• Investment Zones

Real-Time Information

• UK Bank Holidays
• Updates, changes, and best practice
• Making Corrections through RTI
• Gender Pay Gap Reporting and other requirements
• Changes to HMRC forms and outputs
• Impacts of changes to RTI
• Changes to the FPS
• Changes to the EPS

Statutory Payments

• Employment Law Payments and Awards
  • Great Britain
  • Northern Ireland
• Statutory Sick Pay (SSP) – rates and tables
• Changes to Sickness and Absence
• Sickness and Parental consultations – what’s to come
• Parental payments and tables
  • Confirmed Parental Pay changes and new requirements
• Updates to other forms of leave

Employment Changes

• A breakdown of what’s in and what could be included in the future
• How does future change effect employment?
• Outstanding employment and pay bills with government and their effect

National Minimum Wage

• Changes to Age bandings and Rates
• As we’re reaching the end of the cycle/parliament – what comes next
• Deductions from pay updates
• Where its wrong – reasons for failure – More output from the naming and shaming process
• Other considerations and what’s not in
• The Voluntary Living Wage / the Real Living Wage

Student and Postgraduate Loans

• New Rates 2024/25
• Student Loans – Future Plans including plan 5 in place

Expenses and Benefits

• Deadlines and changes/rules on returns
• What’s what – A review of benefits in 2024 and how have people adapted to the new way of working
• Payrolling benefits – more the normal going forward?
• PAYE Settlement Agreements – review and process
• Loans
• Company Cars
• Electric car charging – home and away
• Car Rates and Changes
• Ultra-Low Emission Vehicles and WLTP
• Future expectations around fuel and the environment
• Company Van rates and charges

Pensions

• 2023 Changes
• The Annual and Lifetime Allowance
• Auto Enrolment and Re-Enrolment Update
  • The Auto-enrolment changes and timelines
• State Pension Age and Retirement
• The Pension Dashboard
  • Timelines, requirements, and expectations for Payroll
• TPC digitization and what it means to NPA and RAS arrangements