Further Details
In 4 intensive payroll training lessons, you'll cover the following aspects of employee taxation and benefits:
Lesson 1:
Principles of the PAYE payroll system; terminology used to calculate gross pay; different methods of payment made to an employee; using Inland Revenue tables to calculate total free pay and total taxable pay for a basic rate tax payer; the use of tax codes when calculating net pay; completing the PAYE entries on a deductions working sheet (Form PII) for weekly paid employees.
Lesson 2:
Completing the PAYE payroll entries on the P11 for monthly and weekly employees; amending the tax code details for an employee following receipt for a P6; using the information on a P45 or P46 for a new employee; completing a P45 for a leaver; using Inland Revenue tables for a higher tax payer.
Lesson 3:
Calculating holiday pay for weekly paid employees; correcting errors on a PII; completing National Insurance entries on a PII for weekly and monthly paid employees; calculating additional employer's national insurance contributions on earnings in excess of the upper earnings limit; calculating statutory sickness pay; calculating statutory maternity pay.
Lesson 4:
Summarising the details on a Form PII; end of month procedures and how to make payments to the Collector of Taxes; end of year duties and how to use Forms P14/P60 and P35.
Guide price
£197.75 |
