Practical Payroll - 2-Day Training (Online)

Course description

This extremely practical course deals with all of the issues, which are important to those working in, or responsible for payroll functions. This course covers all of the essential rules in the operation of the PAYE system and it outlines the rights and obligations of both employers and employees.

Whether you are new to payroll or have years of experience, you won’t find a more comprehensive or useful course. The course content has been reviewed which results in an interactive and practical course focusing on all of the basics that any payroll operator requires to include numerous examples.

Course Content:

• Why you should not have blind faith in your payroll software
• Revenue Terminology – the lecturer will discuss and explain many of the terms used in the operation of the PAYE system
• Tax Credits and Standard Rate Cut Off Point explained in detail
• Cumulative Basis of Income Tax
• First Employments
• Commencement and cessation of employment to include Jobs and Pensions Service
• Emergency Basis with and without a PPS Number
• Week 1/Month 1 (non-cumulative) Basis
• Week 53
• The Pay Related Social Insurance (PRSI) System as it applies to both employers and employees to include the tapered PRSI credit
• The Universal Social Charge (USC) dealt with in detail
• Understanding you payslip
• Employers duties under PAYE Modernisation to include RPNs and Payroll Submissions