Croner Training

Finance & accounting

Basic payroll

Date	22 September 2010
Duration	1 Day
Price	GBP 649 + VAT Membership Price: 324.5 + VAT
Location	London
Venue	Rubens Hotel
Registration	9.00-9.30
Close of Seminar	5.00
Our code	35525
Also held on	5 April 2011, London

• Why you should attend this seminar
• Who should attend?
• Key benefits
• Programme
• Speaker
• What previous delegates have said...
• Are you a Croner publications subscriber?

Why you should attend this seminar

This one-day seminar has been designed to provide a comprehensive overview of the basic principles of payroll calculation. The seminar is ideal for people who are new to payroll or payroll staff requiring a basic introduction to payroll calculations.

Clearly a poor payroll service can damage staff morale just as an effective one can be a positive benefit, adding value to your company as a whole.

This seminar will be relevant whether your payroll is calculated manually or run on computer.

At the end of the programme, you will be able to calculate the gross to net pay using the tax and NI tables.

Who should attend?

This seminar is ideal for those who are relatively new to the payroll function and who need an introduction to payroll calculations, particularly:

• Payroll officers
• Administrators and assistants
• HR managers and staff
• Accounts managers and assistants
• Any other staff new to payroll

Key benefits

This one-day seminar will help you:

1. Ensure you understand the basic payroll obligations of an employer

2. Avoid making basic errors

3. Use tax and NI tables correctly

4. Anticipate employee questions

5. Run an efficient and accurate payroll

Programme

1 Introduction to PAYE

• How to open a PAYE scheme
• An employer’s responsibilities under PAYE legislation

2 PAYE basics

• HM Revenue & Customs tax districts and PAYE references
• Role of the Inspectors of Taxes
• The role of the payroll department
• Tax rates and earnings bands
• Who is an employee for payroll purposes?
• What is ‘pay’ for PAYE purposes?
• Pre-tax and post tax deductions, tax allowances and tax codes
• Unusual tax codes including BR, OT, NT and K codes

3 Using the Pay Adjustment Tables to ascertain taxable pay

• How to calculate tax due on taxable pay using the Taxable Pay Tables
• Dealing with tax refunds
• Use of P45 information and how to deal correctly with Form P46 and new starters gained
• PAYE exercises, testing knowledge acquired in the basics session

4 Review of PAYE exercises

5 National Insurance basics

• Who pays NI?
• Classes and categories of contributions
• What earnings are liable to NI?
• What is an earnings period?
• Earnings thresholds for both employees and employer and how these affect payroll

6 Calculation of National Insurance Contributions

• Standard rate NIC
• Reduced rate contributions
• Employer only rate contributions
• Contracted out contributions
• How to calculate NI contributions using both percentage and the table methods
• NI on earnings over the upper limit
• Interaction of NI and pensions
• NI exercises – testing knowledge gained

7 Payment of PAYE and NI to the Collector of Taxes

• Calculation of monthly remittance
• Paying the remittance to the Collector of Taxes
• Electronic payments

8 Final payroll calculation exercise

• Using skills acquired during the day to calculate gross to net pay for five employees

9 Review of final exercise and questions

Speaker

Alexandra Durrant is a chartered accountant who provides audit, tax and accounting services to her clients including payroll services and advice. Alexandra was previously a partner in a London firm of chartered accountants, heading up their PAYE and NI department. She was responsible for payroll operations, advising clients on PAYE and NI legislation and procedures and carrying out PAYE and NI audit health checks. She is on the editorial board of Croner’s Payroll Briefing and writes and lectures on payroll matters. Alexandra Durrant Chartered Accountants was established in 1993.

What previous delegates have said...

'Very well executed by Alexandra. She was very helpful and good at explaining problem areas'.

Miriam Blakey, HR Administrator, International Power

'Speaker was excellent and maintained a good pace with clear explanation throughout'

Craig Farmer, Payroll Officer, The British Council

Are you a Croner publications subscriber?

If so then you are entitled to an additional 5% discount on your booking. Simply enter your Croner BP number on our online booking form to qualify (offer applies to online bookings only).

If you are interested in subscribing to any Croner title and receiving this and other benefits then call 020 8547 3333 for more information.

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