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With April fast approaching, several key payroll changes are coming into effect, including increases to the National Minimum Wage (NMW) and Employer National Insurance Contributions (NICs). For recruitment agencies, these adjustments can have a significant impact on cost, operations and compliance.

To help you face these changes smoothly, we’ve put together an essential preparation checklist. This handy resource provides steps to ensure your agency is ready for the upcoming changes without compromising profitability or compliance.

 

Why Use Our Checklist?

1. It Simplifies The Transition
With multiple changes coming into effect in April, staying on top of new legislation can feel overwhelming. Our checklist breaks down each key change step-by-step so you can track all necessary updates and ensure you’re prepared long before the deadlines arrive. You’ll have a clear roadmap to follow, making the transition smoother and less stressful.

2. It Helps With Budgeting And Financial Planning
The increases in National Insurance Contributions and National Minimum Wage can have a significant impact on your bottom line. Our checklist guides you through the process of assessing the financial impact of these changes on your current payroll. You’ll gain clarity on how these increases affect your budgets and margins, helping you make informed decisions about pricing, cost-saving measures and necessary adjustments to contracts with clients.

3. Ensures Compliance And Reduces Risk
Non-compliance with updated payroll regulations could lead to costly penalties, reputational damage or details in contractor payments. Our checklist ensures that your payroll systems and processes are up-to-date with the latest rules so you can avoid errors and mitigate compliance risks. This proactive approach helps safeguard your reputation and gives you peace of mind as you implement the necessary changes.

4. It Prepares Your Team For Smooth Implementation
A seamless transition depends on well-prepared HR and payroll teams. Our checklist includes steps to train and equip your teams with the knowledge they need to manage the upcoming changes. From system updates to communication strategies, your team will be ready to handle the new payroll requirements efficiently.

Don’t leave your agency unprepared! Download our checklist today and get ready for April. 

Fill out the form below to download the checklist.