Institute of Certified Bookkeepers (ICB) Level 3 Payroll Management: Home Study

Course Content:

Premier Training will provide each student with:

• Sage Instant Computerised Payroll and accompanying manuals
• Study textbooks on Manual Payroll
• Three assignments
• Practice exam paper
• Telephone helpline
• Personal study programme
• Personal tutor

This qualification covers advanced manual and computerised payroll techniques including holiday pay, statutory sickness and maternity pay, family tax credits and student loan repayments and the requirements for directors including benefits in kind. Students must be able to demonstrate their ability to understand and carry out the following functions for both parts.

Part 1 – Manual Payroll
1) Explain the legal requirements covering the following
a) Holiday pay
b) Statutory Sick Pay
c) Statutory Maternity Pay

2) Calculate and make relevant entries for the following
a) Holiday Pay
b) Statutory Sick Pay
c) Statutory Maternity Pay

3) Explain the legal requirements for PAYE and National Insurance covering benefits in kind e.g. company cars, business mileage, private medical insurance, loans and relocation packages.

4) Calculate the tax and National Insurance due when an employee is given
a) a company car
b) business Mileage
c) Fuel
d) Employees Using their own cars

5) Explain how various benefits such as bonuses and deferred payments to directors can affect their payment of PAYE and National Insurance contributions.

6) Explain
a) why a p45 is used and what it represents
b) when a form p46 is used

7) Explain
a) Tax Codes including K Codes
b) Week 1 Basis
c) Family Tax Credits
d) Disabled persons Credits
e) Repayment of student loans

8) Explain the requirements for
a) Working time directive
b) Statutory Minimum Wage

9) Explain
a) The difference between contracted in and contracted out contributions
b) Payment for NI Contributions for persons with more then one job.

10) Use appropriate tables to calculate the National Insurance deductions for a given Gross Pay figure or both contracted out employees.

11) Complete the relevant parts of form P11 for National Insurance contributions for both contracted in and contracted out employees.

Part 2 – Computerised Payroll
1) Set up the details of a new business including:
i) Company details (Name, rates of pay etc)
ii) Employee details (Name Employee no, Tax Codes including K Codes, Week 1 basis)
2) Enter Gross pay details to cover the following situations
i) Basic Gross Pay
ii) Holiday Pay
iii) Statutory Sick Pay
iv) Statutory Maternity Pay
v) Benefits in kind

3) Enter Gross Pay details to cover the following situations
i) Tax Codes Including K codes
ii) Week 1 Basis
iii) Family Tax Credits
iv) Disabled person credits
v) Repayment of student loans

4) Enter Details of pay to cover the following situations
i) Contracted in and contracted Out
ii) Directors

5) Run the Payroll and procedure the reports, which will give details of gross pay, tax and NI paid, net pay.

Please note that the Sage Payroll CD is for educational use only! You can take up to 180 days to complete the Sage part of the course but typically a person spending 2 to 3 hours a week should complete within 3 months. Please note that the CD will only allow you to access it for 180 days from the date of installation. The exercises only take you a few minutes so there is no need to rush them.

The manual payroll part of the course has no time limit and students can take as long as they need. Premier Training also offers you an important guarantee: Pass your exams or free tuition until you do!

Assessment

The Diploma in Payroll is a home based assignment which contains a manual section and a computerised section. It is sent out to ICB students on demand and they have a fortnight in which to complete it and return it to the ICB for marking. Please note that if you are applying for the Diploma in Payroll, you will need to obtain up to date yearly tax tables.

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