This is a QQI level 5 course which is suitable for anyone undertaking a qualification in Payroll. This course provides participants with the
knowledge and skills to carry out a payroll function in a small/medium business.
Basic numeracy, literacy and computer skills a pre-requisite for this course.
Thesaurus is the computerized payroll application software used in teaching this course.
Explain the key terminology associated with personal taxation
Process the payroll for employee(s), using manual and computerised systems, under the cumulative tax system, to include; various elements of gross pay, holidays, unpaid leave, cut-off points, credits, all statutory and non-statutory deductions
Process the payroll for employee(s), under the emergency and temporary tax systems and subsequent transfer to the cumulative tax system
Demonstrate the changes in personal tax due to various factors to include; mid-year commencement and leaving of employment, changes in credits, refunds
Extract information from completed records to prepare all necessary mid-year and year end tax forms for employees and Revenue Commissioners.
Analyse the impact of changes in legislation on personal tax and 5 take-home pay by comparing two tax years
Printing reports after backing up computerised