Episode 94

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 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.