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Corporate Payroll Training

Introduction of Corporate Payroll Training

Another essential job in managing business operations is payroll. As a UK-registered employer, Business are typically required to operate PAYE as a component of your payroll. The PAYE system is used by HM Revenue and Customs (HMRC) to collect income tax and social security from employees. You have obligations each tax month as an employer who processes PAYE as part of your payroll. Tax months last from the sixth day of one month to the fifth day of the following. You will get knowledge of payroll compliance and administrative tasks such as processing payslips, P45, P60, National Insurance contributions, and RTI reports, among others, in this course.

Key Features of Online Corporate Payroll Training

  • Calculating employee compensation
  • Withholding and remitting taxes
  • Administering employee benefits
  • Complying with employment laws
  • Maintaining accurate records
  • Ensuring timely and accurate payments

Corporate Payroll Course Training Details

The Online Corporate Payroll Training course covers the following topics:

  • The annual payroll cycle.
  • Checking timesheets to see how many hours employees worked.
  • Calculating correct employee pay by considering hours worked, overtime rates, taxes, national insurance payments and other factors.
  • Creating Salary Sacrifice Schemes.
  • Setting up holiday year in the Software.
  • Establishing Automatic Enrolment and Pensions.
  • New starter setup and adherence to the new starter checklist.
  • Processing holiday, sick, maternity, and paternity leave payments.
  • Distributing forms such as P45, P60 and P11d.
  • Processing PAYE deductions and sending payroll information to HM Revenue and Customs.
  • Obtaining and verifying direct debit banking information from employees.
  • How is a tax code calculated?
  • Using adjustment tables and tax tables in tax calculations.
  • Understanding personal tax allowances.
  • How do you arrive at an employee’s gross pay and what is taxable and NI’able?
  • Dealing with pension schemes and submission.
  • Calculating and understating Statutory Sick Pay (SSP), Statutory Maternity Pay (SMP), Statutory Paternity Pay (SPP).
  • The workshop includes an introduction to all the HMRC forms, technical aspects, important dates, tax codes and year-end adjustments. It also includes a reference to HMRC website for more up to date knowledge.
  • Filing / Submission Compliance RTI Documentation (Payslips FPS, EPS, P32).

Online Corporate Payroll Training Benefits

  • Gain practical skills to apply in real-world scenarios.
  • Learning Accounting Software (Sage, xero, QuickBooks & advanced excel).
  • Improve your employability with a recognized certification.
  • 1-2-1 training with ACCA qualified Chartered Accountants & CPD approved Trainers support.
  • Software support & installation
  • 24*7 Access to online resources, including video tutorials and case studies.

What jobs you can qualify after Completing Corporate Payroll Training Programme:-

Upskilling towards below Job roles: -Payroll Administrator, Payroll Officer, Payroll Manager, Payroll Specialist

Salary expectations: £26000 to £30000

We cover different industries client for practical training such as:

  • IT
  • E-commerce industry
  • Construction industry
  • Manufacturing & wholesale industry
  • Luxury and fashion industry
  • Pharmaceutical industry
  • Charity
  • Hospitality industry

Embark on a fulfilling career in corporate payroll with our specialized training program. Discover how our comprehensive corporate payroll training enhances your skills, making you proficient in payroll management.

Our corporate payroll training is tailored for everyone, from beginners to seasoned professionals. Dive into foundational concepts and progress to advanced techniques, ensuring a personalized learning experience aligned with your payroll processing expertise.

Stay compliant with our training that evolves alongside the latest tax regulations. We prioritize real-world scenarios, preparing you for the complexities of payroll compliance challenges in the corporate landscape.

Distinguish yourself with our unique corporate payroll training. Emphasizing hands-on experience, we guide you through practical exercises using cutting-edge software and tools, ensuring mastery in the practical aspects of payroll processing.

Customize your learning journey! Our corporate payroll training can be tailored to focus on specific industry sectors. Address the unique payroll challenges of different businesses, ensuring that you acquire skills directly applicable to your chosen field.

Join our thriving corporate payroll training community for unparalleled networking opportunities. Engage with industry professionals, participate in forums, and build connections that can elevate your career in corporate payroll management.