Overview
Payroll is another important function when running the business operations. As an employer registered in UK you normally have to operate PAYE as a part of your payroll. PAYE is HM Revenue and Customs’ (HMRC) system to collect Income Tax and National Insurance from employment. As an employer operating PAYE as part of your payroll, you need to complete certain tasks during each tax month. Tax months run from the 6th of one month to the 5th of the next. In the course you will learn Payroll compliance and administrative activities such as processing of paysilips, P45, P60, National Insurance contribution and RTI reports etc.
We at Centre of Accountancy Careers & Training offers Payroll Training using real scenarios you can come across during your job. It is delivered by Highly Trained and Qualified Accountants who have years of experience in the accounting field.
WHO IS IT FOR
Anyone who is
- Who lacks experience in computerised Payroll
- New business owner
- Running a business and wants payroll in-house
- Anyone who is looking to improve their payroll skills
CONTENT
- Understanding Cyclical Payroll Run Procedure. (Monthly, Weekly)
- Setting up Salary Sacrifice Schemes
- Setting up Holiday year in the software.
- Setting up Pensions and Automatic Enrolment
- Setting up new starters and compliance with new starter checklist
- Understanding different Tax codes
- Ascertaining monthly gross pay, assuring the correct apportionment into PAYE, National Insurance and Pension elements as per HMRC regulations.
- Processing different types of payments e.g. (Commissions, Bonuses)
- Processing different types of Payment Streams (Monthly, Weekly, Hourly)
- Timesheet Record Keeping.
- Calculating and understating Statutory Sick Pay (SSP), Statutory Maternity Pay (SMP), Statutory Adoption Pay (SAP), Statutory Paternity Pay (SPP).
- Processing of various types of deductions such as Payroll giving, Student Loans, Child Care Vouchers etc.
- Processing leaving employees and ensuring all leaver procedures are adhered to.
- Filing / Submission Compliance RTI Documentation (Payslips FPS, EPS, P32 etc.)
- Compliance with “Year End Procedures”. (Declarations and submissions)
COST & DURATION
Flexible timing
- Full time / Part time
Mode of Study
- In office or Online or in-house
Duration
- 3 Days – 3 Weeks
Cost
- Please contact us for the quotation
FUTURE BENEFITS
After course completion you can get a job as a
- Payroll Admin
- Payroll officer
- Payroll Manager