November 2023 Payroll Question Time Recap: An Autumn Statement Special!
Payroll Question Time, the essential gathering for payroll experts, returned this November with insightful discussions and a formidable panel: Karen Thomson, Director of UK Payroll & Employment Taxes at AAB; Simon Parsons, Director of Compliance Strategies at SD Worx; Andy Nicholls, Industry Liaison Manager at The Pensions Regulator and our dedicated host, Nick Day, Founder at JGA Recruitment.
Hot off the heels of the government’s autumn statement, this PQT was a particularly packed session!
Key Discussion Points Included:
- Autumn Statement Analysis:
- Delved into the implications of the National Insurance cut from 12% to 10%.
- Explored tax cuts and the permanency of full expensing.
- Discussed updates on benefits and minimum wage rises.
- Christmas Preparations:
- Focused on holiday cover and the new rules for holiday pay effective from April 2024.
- Examined the latest on sick pay and its management.
- Car Allowances and Mileage Payments:
- Addressed the legal aspects and necessary considerations to avoid unlawful wage deductions.
- Code of Conduct for Early Wage Access:
- Discussed the new guidelines launched by CIPP and the importance of financial education.
- Updates from SD Worx:
- We gave listeners a sneak peak of what to expect at the latest Foundations webinar on Payroll’s People Revolution! Find out more about the free webinar at SD Worx!
- Simon introduced new educators for the SD Worx Academy premium learning sessions in 2024. Be sure to… Check Course Calendar
- Pensions Update with Andy:
- Andy shared the latest trends and updates in the world of pensions.
- Hot Topics / Q&A Session:
- Engaging Q&A segment addressing a variety of payroll-related queries.
Audience Poll Insights:
The panel also quizzed the audience for their opinions on the revelations of the autumn statement and also who they believed should be in charge of handling holiday pay. Was it payroll, HR or a combined effort?
Listen back to the session to find out!
Get all the essential payroll news, events and more delivered to your inbox each month!
Join Us Next Time:
Don't miss out on our next Payroll Question Time on January 25, 2024, after a brief winter break. Register now for invaluable insights into the payroll world at SD Worx Payroll Question Time.
Stay informed and navigate through the intricate world of payroll with ease, backed by the expert insights shared in our monthly Payroll Question Time Webinars!
Join our free monthly Payroll Question Time webinar and get your on-demand recording!
Related articles
BLOG
Payroll Resolutions for the New Year: Celebrating Success and Planning Ahead
Although for many the 1st January is the start of the new tax year, for the UK it is not. However, the tradition of New Year’s Resolutions is something to think about. Where traditionally resolutions are about stopping smoking, exercising more or giving another excess up, there are some areas that the UK Payroll Professional may want to start considering.
By Simon Parsons2024-12-06
BLOG
Holiday Payroll Prep: Essential Tips for a Smooth Festive Season
With the holiday season right around the corner, payroll professionals have a unique set of challenges to tackle. While it’s a time for celebration, it’s also a time for careful planning to ensure employees receive their pay correctly and on time—and with all the necessary tax and benefit considerations.
2024-11-15
EVENT
Payroll Question Time
Navigating the complexities of payroll and HR can be challenging, but with Payroll Question Time, you don’t have to do it alone.
This SD Worx exclusive monthly webinar is your trusted resource for staying up-to-date with the latest legislative changes, compliance strategies, and best practices in payroll management.
Each session features insights from leading experts, turning complex topics into practical advice that you can apply immediately.
2025-01-30