Most payroll processing is performed by automated software, either in-house or by an outsourced agent. However it is still important that anyone involved in the preparation or review of payroll has sufficient knowledge to ensure that all functions are performed accurately and compliantly.
This full-day course examines the rules and regulations and provides you with the knowledge and understanding to ensure that your organisation has a well-run payroll operation. It gives comprehensive coverage – from understanding how tax codes and NI table letters are allocated, through to calculating gross pay, gross taxable pay and gross NI’able pay and the resulting gross to net calculation, including how data is reported through Real Time Information (RTI). In addition, delegates will receive an overview of the legislative framework relating to statutory sick pay, statutory maternity pay, apprenticeship levy, student loans and court orders. It will be an interactive, fast-paced day – with discussions and exercises to practice and reinforce the knowledge that has been gained.
HMRC implemented a new approach to tax codes in July 2017 known as dynamic coding. This new approach is covered in this course and is vital knowledge for both employers and delegates in their own right as taxpayers.
This course is designed for those who...
- Have a limited understanding of payroll processing and terminology
- Want to develop their understanding of payroll
- Have some responsibility for the payroll operation, including reviewing payroll before payment
- Are involved in HR or finance and may have to deal with employee or third party queries
- Are returning to payroll after a break
- Have experience in computerised payroll but little/no manual experience
