As we approach the payroll changes scheduled for April 2025, we want to ensure you’re fully prepared.

1. Minimum Wage Increases: The UK government is expected to announce increases to the National Minimum Wage and National Living Wage. This means that employers will need to adjust their payroll systems to ensure compliance with the new rates.

2. Tax Code Updates: Changes to personal tax codes and allowances will affect the amount of income tax deducted from employee pay. Keeping track of these updates can be challenging, especially with multiple employees.

3. National Insurance Adjustments: Anticipated changes to National Insurance thresholds and rates will impact both employer and employee contributions. It’s essential to stay informed about these adjustments to avoid unexpected costs. Our experts can help you understand the implications of these changes and ensure that your contributions are accurate and compliant with the latest regulations.

4. Enhanced Statutory Leave: Updates to statutory leave entitlements, including maternity, paternity, and shared parental leave, may be introduced. These changes can affect how leave pay is calculated and processed.

5. New Reporting Requirements: The introduction of new reporting requirements related to pay transparency and gender pay gap reporting may come into effect. Compliance with these regulations is crucial for maintaining your company’s reputation and avoiding penalties.

6. Pension Contribution Increases: As minimum employer and employee contribution rates for workplace pensions are expected to rise, it’s important to communicate these changes effectively to your employees.