UK Payroll Part 1 - Income Tax and National Insurance
Manually calculating Income tax and National Insurance is a core skill required of all payroll professionals.
There are many reasons why it may be necessary to use this skill, from competently answering pay queries from employees; or even checking your own payslip, to retrospective calculations where errors may have occurred.
Julie Northover
Course information
English
Live webinar
4hr
Beginner
£ 425
* discount for SD Worx customers (will be calculated in the next steps)
Goal
After this webinar, you will:
- Gain an understanding of the UK operation of PAYE for Income Tax and National Insurance contributions
- Be able to understand how Income Tax and National Insurance are calculated
Target audience
- Employees new to the payroll profession
- Anyone wishing to refresh or update their knowledge. Changes are applied each year and may be slightly different from when originally learned
Approach
This live webinar will provide clear examples of every stage of the process as well as the opportunity to consult with the host.
Programme
- The different stages required in the build-up to gross pay and identifying what elements are Taxable, and what elements are subject to National Insurance
- Defining lawful and unlawful deductions
- The different tax regimes for Income Tax in England & Northern Ireland, Scotland and Wales
- Understanding Tax codes
- Manually calculating tax using HMRCs Tables A and Tables B to D
- The 20 different National Insurance Categories
- National insurance rates and thresholds
- Manually calculating National Insurance using the exact percentage method
Practical information
Start dates and location(s)
- Tuesday, 15 October 2024 10:00 until 15:00Online Teams meeting - click here to join
- Tuesday, 19 November 2024 10:00 until 15:00Online Teams meeting - click here to join
Price
£ 425 Prices excluding VAT.*Discount of £40 for SD Worx customers will be automatically added during booking
Info
English
Live webinar
4hr
Beginner
No available dates?
No dates available, you can't make any of the dates, or the sessions are full? Register your interest below and we will contact you as soon as we have a date available! Registering your interest is free of charge and without any obligation.
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