Qualification

IAB Award, Level 1 (Broadly comparable to SCQF Level 4)

Duration

115 Hours over 12 Months

Starts

01 Aug 2019

Fees

£381

Interests

  • Business & Management

Why take this course?

This course will provide you with the necessary underpinning knowledge and skills to record financial payroll transactions in a manual and computerised environment and inline with Real Time Information requirements.

What you will experience

The course is accredited by the International Association of Book Keepers (IAB) and is made up of the following units:

Principles of Payroll Preparation (Y/616/9096)
  • Understand fundamental employment and data protection legislation relevant to payroll
  • Understand what constitutes gross pay for different payroll periods including leavers
  • Understand the difference between statutory and voluntary deductions
  • Understand the principles of the PAYE & NIC systems in the UK and the procedures required for finalising the payroll
  • Understand the internal and external procedures required for finalising the payroll
  • Understand HMRC reporting requirements along with the information required to prepare and submit an employee payroll record under HMRC Real Time Information regulations
Fundamentals of Payroll Processing (D/616/9097)
  • Be able to calculate gross pay for different payroll periods and situations, determine the amount of income tax and National Insurance Contributions to be deducted from Gross Pay
  • Be able to apply voluntary deductions, complete internal and statutory procedures for a leaver and produce the necessary payroll forms and summaries
Computerised Payroll Processing (H/616/9098)
  • Be able to set up a computerised payroll system, employee records and payroll data using commercially available payroll software
  • Be able to prepare and enter details of gross pay into the computerised payroll system and back up and/or restore payroll data

This course broadly comparable to SCQF Level 4 in Scotland.