Dealing with the announcements in the UK Budget is a pivotal moment for payroll professionals each year, as it contains changes that will impact tax codes and National Insurance thresholds. With new National Minimum / Living Wage rates and other changes to administer, staying ahead of these adjustments is crucial for ensuring accurate, timely payroll processing and avoiding costly penalties.

This year, Rachel Reeves didn't target Income Tax or National Insurance directly, but there are still a range of impacts for employers, payroll teams and accounting practices to implement and explain to clients. With the Chancellor announcing changes to come for pension salary sacrifice, many employees will see an impact on pension contributions and NI payments, meaning there is a need to work with employers to ensure they understand and pass on the information to employees.

Our essential on demand AccountingWEB webinar, in association with BrightPay by Bright, guides you through the practical steps required to manage payroll following the UK Budget. We dissect the key legislative changes, focusing on how they translate into your day-to-day payroll operations.

Key takeaways include:

- Identifying Budget announcements that affect payroll compliance.
- Strategies for efficiently implementing any new tax and NI rates, and understanding any potential impact on employee net pay.
- Best practices for communicating changes to your teams and your clients and managing related queries.
- Leveraging technology and payroll software to automate compliance and minimise administrative burden.

This free webinar is designed for payroll managers, accountants, bookkeepers, and business owners who manage their own payroll, providing you with a clear roadmap to navigate post-Budget payroll challenges with confidence and accuracy. Catch up on demand to ensure your payroll processes are compliant from day one.