Deep Dive into Payroll, Tax, and Employment Law at 2024 IPASS conference
Last Friday our payroll team attended the 2024 IPASS conefrence and it was a treasure trove of information for anyone involved in payroll, HR, or business management in Ireland and the UK. Below you will find the key takeaways from the conference to keep you up-to-date on the latest changes and trends.
Revenue & PRSI Updates
The conference kicked off with informative sessions on Revenue and PRSI updates. We learned about the introduction of concessionary practices for travel and subsistence payments, easing the burden on employers with frequent business travel. Additionally, the presentations covered upcoming changes to PRSI, including an increased upper age limit for exemption and potential future rate adjustments. A highlight was the joint Revenue and DSP panel discussion, where attendees actively engaged with the experts, asking pointed questions about PAYE, USC, and PRSI.
Flexible and Remote Working
A timely session explored the recently implemented Code of Practice on the Right to Request Remote Working or Flexible Working Arrangements. Experts provided valuable insights for both employers and employees, outlining best practices for navigating this changing work landscape.
Focus on Gender Pay Gap Reporting
The conference addressed the ever-evolving topic of gender pay gap reporting. Experts discussed the challenges faced by employers in complying with the regulations, particularly as the threshold for mandatory reporting continues to decrease. Payroll teams were presented with strategies to effectively support data preparation for accurate and timely reporting.
UK Payroll Update
For those managing UK payrolls, a dedicated session provided a comprehensive overview of the most significant changes introduced in the 2024/2025 tax year budget. This session ensured attendees were well-equipped to navigate the latest UK payroll regulations.
Auto-Enrolment on the Horizon
With the introduction of Auto-Enrolment (AE) scheduled for 2024, the conference included a session outlining the program's purpose and potential impact on employers. This provided valuable insights for HR and payroll professionals to prepare for the upcoming changes.
Essential Topics for Businesses
The conference delved into critical topics like redundancy and termination payments. Experts explained the rules surrounding tax implications and employer reporting obligations, ensuring attendees understand their responsibilities in these situations. Additionally, a session explored the complexities of share-based remuneration, clarifying payroll tax obligations, reporting requirements, and various types of share awards.
Staying Informed on Employment Law
The conference didn't shy away from legal updates. A session reviewed recent employment law cases, highlighting the highest award ever given for unfair dismissal, the implementation of the Sick Leave Act 2022, and ongoing challenges to mandatory retirement ages.
Landmark "Domino Dancing" Case Analysed
A captivating session analysed the landmark "Domino Dancing" case, where the Irish Supreme Court addressed the classification of pizza delivery drivers as employees or independent contractors. Experts unpacked the court's decision and its potential impact on determining employment status for tax, social security, and employment law purposes.
Overall, the IPASS provided a comprehensive and valuable experience. It was a great platform to gain knowledge, network with industry professionals, and stay ahead of the curve in a constantly evolving landscape.
If you would like to discuss any of the above in detail please contact Phil in our payroll department.