Episode 157

2024 Payroll Legislation Updates Every Business Should Know

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This episode was taken from a live recording of the Payroll Question Time May ‘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, Richard George, and Matthew Akrigg. 

In this episode of Payroll Question Time, we delve into critical payroll topics, starting with the impact of the upcoming general election on payroll policies. Our panel, provides insights into how these political changes might shape the future of payroll.


We tackle the challenges of Real-Time Information (RTI) errors and mismatches, offering troubleshooting tips and discussing the complexities of inputting hours worked. Learn about the implications of investment zones and freeports on payroll operations, and how to navigate the evolving landscape of low pay, commission, and living wage regulations.


Dive into the latest updates on national insurance and taxpayer identification numbers, along with a specific case study on PMI dental and health cash plans affecting national living wage compliance. We also address the administrative burdens faced by payroll services and small businesses, and the legislative changes on the horizon, including RTI improvements and statutory pay updates.


Our discussion extends to the difficulties surrounding employee tax codes and HMRC issues, highlighting the automation routines and the impact on payroll teams. 


Join us for an informative session that balances the complexities of payroll compliance with practical solutions and expert advice. 


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Our Expert Panel:


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About the Podcast

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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.