Episode 94

full
Published on:

17th Oct 2022

Payroll Question Time: Mini-Budget Update #94

Join SD Worx UK & Ireland's expert panel and hundreds of members of the Payroll & HR community at our monthly interactive webinar, hosted by JGA Recruitment Group’s very own Nick Day! We break down all the latest changes in legislation and field your burning questions through our live Q&A.

Join our expert payroll panel as we explore all the key issues currently affecting the world of payroll!

In this month's edition, we discuss:

Growth plan – National Insurance

  • National Insurance November 2022
  • Directors Blended
  • Class 1A Terminations
  • Class 1A / 1B Blended
  • Health and social care levy removed
  • Creation of investment zones

Growth plan - Tax

  • Simplification of income tax
  • 19% basic rate
  • Abolition of 45% rate
  • Dividends
  • Pension implications

 Growth plan – Off payroll working rules (known as “IR35”)

  • Introduced 2017/2021
  • Continues until 5 April 2023
  • Responsibility now with the PSC

 Real living wage

  • Brought forward from Nov to Sept
  • What is it?
  • How is it different to National Minimum Wage?
  • What is the effect on payroll?

 Hot topics

  • Cost of living / fuel crisis / financial wellbeing
  • Four day week

Our panellists:

Sign up for next month's Payroll Question Time here: https://www.sdworx.co.uk/en-GB/pqt

The Payroll Question Time host

Nick Day, MD at JGA Recruitment.  Nick is a leading authority on issues that affect HR and payroll, and is also the host of two popular podcast shows The HR L&D Podcast and The Payroll Podcast.

Who should watch?

All payroll and HR professionals working within the private sector, for mid-market and enterprise organisations.

Want to join us live for the next PQT Webinar and ask questions directly to the panel?

Sign up for next month's Payroll Question Time here: https://www.sdworx.co.uk/en-GB/pqt

Payroll Recruitment

Of course, if you are Payroll Leader listening to this podcast and you have a payroll-related vacancy that you would love some specialist payroll recruitment support with – please also get in touch with me!  I would love to help show you what a great Payroll recruitment experience feels like!  You can reach out to me directly at nick@jgarecruitment.com or give me a call – 01727800377

www.jgarecruitment.com

Thanks for listening folks – I look forward to bringing you the next episode of the Payroll Podcast real soon

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About the Podcast

The Payroll Podcast
🚀 Elevate your payroll game with The Payroll Podcast! 🎧
🚀 Elevate your payroll game with The Payroll Podcast! 🎧 As the first podcast exclusively for the UK and global payroll community, join host Nick Day for cutting-edge discussions with experts. Dive into complex topics like international legislation, technology, systems, leadership, compliance, payroll recruitment, career advancement and more!

🌐 Stay ahead of the global payroll curve with insights on AI, strategy, earned wage access, wellbeing, DEI and more. Perfect for payroll professionals and global payroll leaders looking to embrace the future and enhance their strategies.

👉 Subscribe now and help raise the profile and drive the future evolution of payroll!
👉 Need Payroll Staff? Contact Payroll Recruitment Agency, JGA Recruitment - www.jgarecruitment.com / info@jgarecruitment.com
👉 Want to be a guest on the show? Email Nick@jgarecruitment.com

About your host

Profile picture for Nick Day

Nick Day