Payroll Manual & Computerised

Course details

•  Explain the key terminology associated with personal taxation in preparing and maintaining payroll records · Outline the advantages and disadvantages of a computerised system over a manual system
•  Process the payroll for employee(s), using manual and computerised systems, under the cumulative tax system, to include; , 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
•  Extract information from completed records to prepare all necessary mid-year and yearend tax forms for employees
•  Extract information from completed records to prepare all necessary end-of-period and year end returns and tax forms for the Revenue Commissioners
•  Assess the effect of using alternative assessment methods to calculate the annual tax liability of married couples
•  Analyse the impact of changes in legislation on personal tax and take-home pay by comparing two tax years
•  Print a selection of reports after backing up computerised data on a suitable medium