Episode 174

Breaking Down UK 2024 Budget and Its Impact On Payroll

In this special edition of "Payroll Question Time," hosted by Nick Day, CEO of JGA Recruitment, we tackle the most pressing payroll challenges as we approach 2025.

Sponsored by SD Worx, this episode brings together an expert panel to dissect the impacts of the UK’s 2024 budget on payroll compliance, business costs, and the evolving regulatory landscape.


Key topics include the effects of national minimum wage increases, employer National Insurance changes, and the rising trend of offshoring talent to manage escalating costs. The panel dives into the future of mandatory payrolling of benefits in kind (PBIK), the challenges of salary sacrifice compliance, and the implications of tightening tax advice market regulations.


We also explore how businesses can navigate global payroll complexities, address compliance risks, and prepare for upcoming regulatory shifts in 2026. Whether you're a payroll expert or a business leader trying to stay ahead of these changes, this episode delivers valuable insights and strategies to help you adapt and thrive in an increasingly complex payroll environment.


Don’t miss this essential episode as we uncover the strategies and solutions you need to tackle the future of payroll head-on.


Our Panel:

Simon Parsons, Director of UK Compliance Strategies at SD Worx

Karen Thomson, UK Payroll Director, AAB

Matthew Akrigg, Policy and Research Officer, CIPP

Richard George, Director of Education, The Payroll Centre



Find your ideal candidate with our job vacancy system: https://jgarecruitment.ck.page/691ee4537e


Nick Day’s LinkedIn: https://www.linkedin.com/in/nickday/

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About your host

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Nick Day

Nick Day is a globally recognised thought leader in the payroll and HR industry, with over 20 years of experience as the founder and CEO of JGA Recruitment.

As an ILM 7 qualified Executive Coach and Mentor, Nick has dedicated his career to guiding CHROs, entrepreneurs, and payroll industry leaders worldwide.
Nick received the PAYO Global Vision Award in 2024 and was also voted one of Thinkers360’s "Top Voices EMEA" the same year.

In 2023, Thinkers360 ranked Nick as the #1 Global "Thought Leader in Payroll” and #9 Global "Thought Leader in HR.” That same year, he received the Recruitment Leaders Leader Award (RDLC) and the Personality of the Year title at the Reward Strategy Leadership Awards.

Nick's deep knowledge of the payroll industry and his coaching expertise make him a sought-after speaker and mentor for payroll and HR leaders. His presentations are known for their interactive elements, real-world applications, and actionable takeaways, ensuring attendees leave with a clear path to enhance their leadership capabilities.

Nick Day has a rich history of delivering impactful presentations, keynote speeches and workshops at various industry conferences and events. His engaging speaking style and practical insights have earned him recognition as a leading voice in payroll leadership.