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Calculating Income Tax

Length
1 hour
Price
99 GBP excl. VAT
Next course start
27 November, 2024 (+4 start dates)
Course delivery
Virtual Classroom
Length
1 hour
Price
99 GBP excl. VAT
Next course start
27 November, 2024 (+4 start dates)
Course delivery
Virtual Classroom
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Course description

Calculating Income Tax

If you’re completely new to the world of payroll, then this is a great skills boosting course. During this one hour e-learning course, you will begin your payroll journey by learning about the PAYE tax system, processing some simple income tax calculations, understanding more about the various tax codes and learning how the tax year operates.

Upcoming start dates

Choose between 4 start dates

27 November, 2024

  • Virtual Classroom
  • Online
  • English

4 December, 2024

  • Virtual Classroom
  • Online
  • English

11 December, 2024

  • Virtual Classroom
  • Online
  • English

18 December, 2024

  • Virtual Classroom
  • Online
  • English

Suitability - Who should attend?

If you're completely new to the world of payroll, then this is a great skill-boosting course for you.

During this one-hour, e-learning course, you will begin your payroll journey by learning about the PAYE tax system, processing some simple income tax calculations, understanding more about the various tax codes and learning how the tax year operates.

The course is suitable for participants that have the following suggested roles of newly employed:

  • Payroll administrators
  • Payroll co-ordinators
  • HR administrators
  • HR co-ordinator

Outcome / Qualification etc.

CPD: 1 Point

On this course you will learn:

  • Pay as you earn (PAYE) tax system
  • Tax rate and tax bands
  • Non-taxable elements of pay
  • Cumulative and non-cumulative operations of PAYE
  • Using HMRC tax tables

Courses are delivered using the CIPP's online learning management system. Once registered for the course, you will be introduced to the topics covered throughout the hour and the course learning outcomes. Learning is achieved via a step-by-step process throughout the module, with a short test at the end of each topic, ensuring you have a full understanding of the course.

Once all topics have been completed, you'll be presented with a link to download your learning resources, including the module workbook. You'll also be taken through the learning outcomes once again with the opportunity to revisit any of the topics covered.

The course material will be provided on the date that you have booked, and you will have three weeks from this date to complete.

Training Course Content

The e-learning course guides you through:

  • What is the pay as you earn system
  • How the tax year operates
  • Identify how tax rates and bands differ across the UK
  • What are non-taxable elements of pay
  • Personal allowances
  • Identify different tax codes and how the payroll department is notified about them
  • Identify the difference between cumulative and non-cumulative operation of PAYE
  • Manually calculate an employees tax using the tax tables

Continuing Studies

Calculating National Insurance Contributions

In this second eLearning module, you will continue your payroll learning journey and discover key terms and phrases as well as gain an understanding of National Insurance Codes and work through some simple calculations.

Introduction to Income Tax & NICs

Working knowledge of PAYE & NICs is the central skill set that all payroll professionals must master. This trainer-led course covers in-depth the rules for calculating both statutory deductions as well as the principles of calculating gross pay, administering starters and leavers and the importance of the pay statement.

Introduction to Payroll

Designed for those beginning their payroll journey, this comprehensive course covers all the core skills required to administer the payroll function. From calculating gross pay and deciphering the differences between taxable and NICable pay. The course covers in-depth the methodologies for manually calculating income tax, NICs and Student Loan Deductions as well as an overview of other core payroll principles, including auto-enrolment, court orders and remittance reconciliations of processing starters and leavers correctly. You will leave the course with the ability to calculate gross to net manually.

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Chartered Institute of Payroll Professionals
Goldfinger House
245 Cranmore Boulevard, Shirley
B90 4ZL Solihull

The Chartered Institute of Payroll Professionals (CIPP)

The UK’s leading provider of education for payroll. Leading the profession through education, membership and recognition. Established in 1980 as an official industry body, the Chartered Institute of Payroll Professionals (CIPP) is the only Chartered institute for payroll, pensions and reward...

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