Manual & Computerised Payroll QQI Level 5

Course details

This course is appropriate 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.

Course Contect:

• 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 data.