Payroll Update: Important Changes from 1st April!
As an employer, staying informed about payroll changes is crucial to ensure compliance and avoid unexpected costs. With new regulations coming into effect from 1st April 2025, it’s important to review your payroll processes and make the necessary adjustments. Here’s what you need to know:
1. Minimum Wage Increases
The government has announced an increase in the National Minimum Wage (NMW) and National Living Wage (NLW), meaning employers must adjust their payroll accordingly. The new rates are as follows:
National Living Wage (21 and over) – £12.21 per hour (increase from £11.44)
Ages 18-20 – £10.00 per hour (increase from £8.60)
Ages 16-17 and Apprentices – £7.55 per hour (increase from £6.40)
It’s essential to update your payroll system to reflect these changes and ensure your employees are paid correctly.
2. Increase to Employer’s National Insurance Contributions
From April, there will be an increase in Employer’s National Insurance (NI) contributions, affecting your business’s payroll costs. This means businesses need to review their budgets and make necessary adjustments to accommodate the rise in NI rates.
How We Can Help
Managing payroll can be time-consuming and complex, especially with these upcoming changes. Our payroll services ensure your business remains compliant, handling:
✅ Weekly or monthly payroll processing
✅ Pension submissions and auto-enrolment
✅ Payslip distribution
✅ An employer and employee portal for easy document access
By outsourcing your payroll, you can focus on running your business while we take care of compliance and accuracy.
Take Action Now
To stay ahead of these payroll changes, review your payroll structure, update employee wages, and budget for increased employer costs. If you need expert payroll support, we’re here to help!
📩 Contact us today to discuss how we can streamline your payroll and ensure compliance with the new regulations.
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