The Budget 2025: what HR and payroll need to know скачать в хорошем качестве

The Budget 2025: what HR and payroll need to know

The Budget 2025 brought several key changes that will directly impact UK HR and payroll teams. Get a full recap and detailed analysis in this essential webinar from Ciphr. Join our experts as they walk you through the legislation and what you need to do to prepare for the upcoming tax year and beyond. In this webinar Taxes and National Insurance (NIC): a detailed look at the new Lower Earnings Limit (LEL) for NICs, the extension of frozen tax thresholds until 2031, and what's happening with student loan plans. Statutory Sick Pay (SSP) overhaul: major changes to SSP, including the removal of the link to the LEL and the new entitlement to payment from day one of absence [13:33]. National Living and Minimum Wage: analysis of the substantial increases to the National Living Wage and National Minimum Wage and the resulting impact on compensation and recruitment strategies [09:11]. Pensions and salary sacrifice: the crucial announcement regarding the capping of NI exemptions on pension contributions from April 2029, and what that means for employer and employee savings [22:50]. Mandatory payrolling of benefits: everything you need to know about the transition to mandatory payrolling of benefits from April 2027, the new monthly Class 1A NIC payments, and the increased data reporting required [41:10]. Other key updates: Changes to employee car ownership schemes (ECOS), plans for electric vehicle mileage payments, and updates to the apprenticeship levy [35:22, 48:04]. ______________________________________ Check out all of our upcoming webinars here: https://www.ciphr.com/webinars