Payroll in the Firing Line: Budget 2025’s Perfect Storm with Nick Day #213
Nick Day unpacks the major HMRC and UK Budget changes that are set to reshape payroll, from mandatory payrolling of benefits to the new salary sacrifice cap.
Title: 🌟 Payroll in the Firing Line: Budget 2025’s Perfect Storm with Nick Day #213 🌟
Host: 🎙️ Nick Day, CEO of specialist Payroll Recruitment Agency, JGA Recruitment Group
Episode Overview:
🔊 In this insightful episode of The Payroll Podcast, host Nick Day unpacks the major HMRC and UK Budget changes that are set to reshape payroll, from mandatory payrolling of benefits to the new salary sacrifice cap. With deep insight and real world expertise, Nick guides listeners through the hidden risks, rising complexities, and strategic opportunities these reforms create for payroll professionals across every sector.
Key Topics Discussed in this Episode:
- How the UK Budget 2025 and HMRC announcements will increase payroll complexity for employers and bureaus
- The impact of the new mandatory payrolling of benefits rules and why the proposed HMRC specifications are so challenging
- What the £2,000 salary sacrifice NI relief cap means for employees, pension schemes, and payroll operations
- The wider economic pressures shaping payroll, including frozen tax thresholds, minimum wage rises, and labour market shifts
- Practical steps payroll leaders should take now to prepare systems, stakeholders, and communications for the upcoming changes
Useful Links From This Episode:
- 👤 Host Nick Day LinkedIn Profile
- 📢 JGA Payroll Recruitment
- 🎧 Check out our sister podcast, The HR L&D Podcast
PAYROLL LEADERS – I CALL YOU ALL TO ACTION! 📢
🙏 Thank you for tuning in to The Payroll Podcast. Stay tuned for our next episode, where we continue to dive into the fascinating world of payroll! 🎧🌍
If you need the support of a payroll recruitment agency to help fill your next payroll vacancy, please please contact me! I possess over 20 years of payroll recruitment agency expertise and I would love to help! nick@jgarecruitment.com or call 01727 800377
Find out more at: www.jgarecruitment.com.
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