The ABC of Payroll Processing
Payroll has become increasingly complex over recent years and whilst much processing is automated by software, it is incumbent on all those who process or oversee payroll to have sufficient up to date knowledge to check that the operation of software or any third party agent is compliant and explain the processing to colleagues and other employees. The salary bill is after all the biggest controllable cost in any business.
This introductory course provides an opportunity to revisit or to learn the essential building blocks of a compliant payroll service. Even if you have outsourced your payroll to a third party the obligation to operate with the law remains with the employer.
With the introduction of Real Time Information and the penalty regime associated with it all businesses should invest in ensuring that their reputation is not damaged by non-compliant payroll processes. Since February 2015 payroll data is being used by the Department of Work and Pensions to calculate entitlement to Universal Credit, with employers receiving queries from DWP if their data is incorrect or incomplete.
If you are taking up a role processing or overseeing payroll or returning to the function and need a refresher to bring you up to speed on basic compliance issues, then this course is for you.
What You Will Learn
This course will cover the following:
- The historical and legal context of Pay As You Earn (PAYE)
- The build up to gross pay
- National insurance assessment, categories and deductions
- Income Tax: how codes are created, allocated to new starters and the calculation of tax
- Student Loans: setting up a loan deduction and calculations
- An introduction to Court Orders processed through the payroll
- Statutory leave and payments: sickness, maternity, adoption and new shared parental pay and leave
9:30am - 5:15pm
Please let us know if you wish to be notified when new dates are added for this programme