Your Payroll could get rocky if you don’t get it right in 2025

There's no getting around it, Payroll is changing in 2025, and if businesses aren't on top of it, it could be a rocky ride. From changes in National Insurance and the National Minimum Wage to potentially more announcements in the upcoming Budget on March 26th, employers need to be prepared.

At GSM, we have our own Spring Statement to make: Payroll compliance isn't optional and with enforcement tightening, even small payroll mistakes could lead to costly penalties or worse.

As a trusted provider of flexible payroll solutions, we help businesses of all sizes stay on track. Whether integrated into our full suite of accountancy services or as a standalone solution, our payroll expertise ensures accuracy, compliance and peace of mind. Clients benefit from the depth of knowledge across our practice, with prompt and personal responses to payroll-related queries.

Efficiency and expertise go hand in hand with regular payroll preparation, and that's exactly what we deliver. Using market-leading software, we seamlessly generate company payslips from our Central London office while advising businesses on common payroll pitfalls and payment deadlines. This ensures the right payments are made at the right time, avoiding expensive errors.

Beyond payroll processing, we assist businesses in navigating the evolving regulatory landscape. From auto-enrolment compliance to accurate employee pay calculations, PAYE management and issuing essential documents like P45s, P60s, and P11Ds, we cover every detail. Above all, we ensure payroll processes meet HMRC standards, reducing the risk of financial and legal repercussions.

With changes ahead, 2025 could be a rollercoaster for payroll, unless you have the right support in place. GSM can ensure your payroll runs smoothly, so your business stays compliant and stress-free. To hear more contact GSM on 020 7935 3793