1 day£536 +VAT
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Understand your obligations to HMRC for payroll reconciliations and reporting

This training course will give you a clear understanding of how to prepare payroll reconciliations and meet all your obligations for reporting on a pay-period basis as well as at the end of the tax year and you will also learn how to avoid the penalties for getting it wrong. All aspects of reporting to HMRC under RTI are fully covered in this detailed course.

The course can be taken as a stand-alone course and forms part of our highly successful 3-day Payroll Procedures course which can lead towards a Pearson BTEC Award Level 3 in Payroll Procedures.

These courses will continue to run as advertised but will now be delivered live by our expert tutors via an interactive online platform so that you can continue to gain knowledge and training from the comfort and safety of your homes or offices.

Courses Overview

Duration: 1 day Price: £536+VAT CPD: 6 hours (certificated)

Who will it benefit?

This course is ideal for all payroll, HR and accounting staff who have responsibility for compiling and / or completing statutory returns and submissions as part of their role. Using examples and simple tests during the day you will understand how to manage the area of statutory returns as part of the payroll process.

What you'll achieve?

At the end of the course you will be able to identify and understand reporting and returns, the importance of timely, accurate submissions, year-end procedure and statutory requirements to manage the payroll process through examples that will build up the annual schedules for compliance.

Course Content

The course covers everything you need to successfully meet your reporting obligations to HMRC through the tax year and at year end incorporating statutory returns and Real Time Information.

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Real Time Information

  • The submissions:
  • Full Payment Submission
    • Employer Payment Summary
    • Earlier Year Update
  • National Insurance Verification Request
  • Year End Procedures Under RTI
  • Correcting errors
  • The Final Submission Indicator
  • The questions and declaration
  • Timetable for submissions under RTI
  • Filing methods
  • Penalties and interest charges for incorrect or late returns
  • Glossary of terms

Preparing for returns

  • The importance of pay period reconciliations and what needs to be done
  • Document checks:
  • Payroll giving scheme
  • Certificate of election
  • Evidence of age exception
  • Certificate of deferment
  • Preparing for weeks 53, 54 and 56
  • Clear-down and other checks
  • Procedures to be followed moving from the old tax year to the new tax year, including P9X or P7X instructions and P9(T) coding notices

Filing options, forms and returns

  • Special filing situations – making changes to submitted information
  • Supply of form P60

Completing the returns

  • A step-by-step review of:
    • Full Payment Submission
    • Employer Payment Summary
    • Earlier Year Update
    • National Insurance Verification Request
    • P60 certificate

"I've booked the HR and Payroll Update course most years and during roles with at least 3 different employers. One thing remains the same; a course that is relevant, well delivered and enjoyable and that is key when trying to retain the many pieces of legislation changes to which payroll professionals are exposed."

Tracy Hinton
HR & Payroll Manager at Stemcor

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1 day£536+VAT
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