Financial Skills: Payroll: National Payroll Certificate Day 1 (Introduction to PAYE / NIC)

Course Overview

Learning Day 1 provides a solid grounding in core payroll skills. It will give you the PAYE and NIC skills necessary for the preparation of manual payments, correction of errors and the understanding of systems output.

Comprehensive documentation is provided, including a copy of the latest HM Revenue and Customs Starter Pack and the emphasis is on practical exercises and discussions.

Audience

• All employees new to payroll
• experienced payroll people who want to understand what payroll software does for them and all who need the ability to calculate, or check, PAYE and National Insurance manually.!

Skills Gained

• Calculate gross income
• Calculate PAYE and NICs liabilities
• Correctly handle starter and leaver payments
• Understand the sequence required for calculations
• Understand and confirm systems output
• Calculate net pay

Course Outline

• Calculating Gross Pay
• Apportionment of Gross Pay
• Voluntary Deductions
• Statutory Deductions
• The Pay Statement
• Tax Codes and Tax Free Pay
• Tax Percentages and Rates
• P45 & P46 Procedures
• Use of Tax/NIC Tables
• NI Percentages and Rates
• NI Rebates
• Starters and Leavers

Financial Skills: Payroll: National Payroll Certificate Day 1 (Introduction to PAYE / NIC) / F-P-NPC1