As the financial year end approaches, employers must prepare for critical compliance updates. A structured new tax year HR checklist ensures your business meets legal obligations and avoids last-minute stress. From maintaining payroll compliance to issuing P60 forms, reviewing employee benefits review processes and updating National Insurance contributions.
This blog outlines the essential steps every employer should take before 6 April to stay compliant and organised using a clear new tax year HR checklist.
HR Checklist Step 1: Reviewing your payroll
Start by auditing payroll processes to ensure full payroll compliance UK alignment.
- Confirm updated tax codes
- Statutory payment rates
- Reporting deadlines
Strong payroll compliance UK processes reduce the risk of penalties and working with experienced HR professionals can provide reassurance during these complex checks.
HR Checklist Step 2: Preparing P60 forms
All eligible employees must receive P60 forms by the statutory deadline. Check payroll records carefully before distributing P60 forms to avoid errors that could lead to HMRC queries.
HR Checklist Step 3: Updating national insurance contributions
Review new thresholds and apply updated National Insurance contributions rates within your payroll system. Incorrect National Insurance contributions calculations can create compliance and financial risks.
Completing an Employee Benefits review
The year end is the ideal time for an employee benefits review. Assess pensions, taxable benefits and reporting accuracy. A structured employee benefits review ensures rewards remain compliant and competitive.
Finalise your checklist
Before 6 April, confirm every task on your new tax year HR checklist is complete. A proactive new tax year HR checklist supports compliance, accuracy and confidence in the year ahead.
Not sure where to start? Get in touch via the contact form and we will help you stay compliant.