Certified Payroll Management

This comprehensive course covers most of the aspects of a company’s payroll activities: employment status identification, pay, benefit and tax calculations, employment termination payment, salary sacrifice schemes and more. By the end of this course, you should be able to confidently manage and optimize a wide range of payroll functions and transactions.

Unit 1 - Introduction to Payroll

Refresh your payroll knowledge by touching upon its core principles as well as the concepts of PAYE income tax and National Insurance Contributions.

Unit 2 - Advance Calculations

Build up your payroll know-how by taking lessons on advanced calculations of NICs using table and exact percentage methods.

Unit 3 - Identifying Employment Status

Correctly identify employment status to apply appropriate treatment for PAYE tax and National Insurance contributions.

Unit 4 - Pay, Benefit and Tax (NICable)

Gain practical overview of payments and benefits subject to Tax and NIC to ensure your company meets its obligations in the aforesaid areas.

Unit 5 - Employment Termination Payment

Learn what employment termination payment is and understand appropriate tax treatment for this type of payment.

Unit 6 - General Procedures

Acquaint yourself with general procedures involving all aspects of tax and NICs for EU and foreign nationals, holiday pays, amending mistakes in PAYE and NICs deductions, etc.

Unit 7 - NIC's Procedure

Make sense of NICs rules and regulations relating to earnings periods, calculating directors’ NICs and employment status.

Unit 8 - Salary Sacrifice Schemes

Understand the concept and types of salary sacrifice schemes, the issues they create for both employers and employees, and how a scheme can be deemed successful or unsuccessful.

Unit 9 - Statutory Payments

Get to know the different types of statutory payments and the provisions that require and do not require such payments, and gain information about paid leaves.

Unit 10 - Retirement Scheme

Become familiar with different retirement schemes and their related options, and also learn about taxation of pension of benefits.

Certificate

Students who complete this course will receive a certificate of achievement from Touchawards, a recognized accrediting organisation. The certificate serves as an official recognition for the students’ educational experience, and can be used to add weight to their educational qualifications.

Course Format

This course consists of several modules, each of which is self-contained. This ensures that students can easily get the information they need when they need it.

Students can completely access the course using a PC/laptop. Our learning management system (LMS) is 24/7, the LMS itself is accessible online and operational everyday at any time, students have the freedom to tailor their study time around their existing schedules.

Course Duration

Estimated duration of completion for this course is 90 hours. Such number of hours may be cut shorter or may take longer depending on the students’ pace of learning and ability to take in information. Also, students’ may choose to study the modules over several sessions or complete the entire course in one sitting.

One year full access will be given to students who intend to take the course. The students can then define the pace at which they will complete all modules within the abovementioned period.

No requirement to take this course

- Develop or fine-tune your knowledge and skills to achieve career progression

- Gain background in your chosen career

- Improve promotional opportunities or transition to a new profession

- Enable you to achieve personal enrichment

- Help build your CV

- Show your commitment to lifelong learning