Advanced Payroll

Course description

This course is specifically designed for individuals working in or managing payroll, who have payroll experience, understand the fundamental concepts of PAYE, PRSI, and USC, and handle complex payroll issues. All payroll personnel should seize this opportunity to expand their knowledge in an ever-changing work environment while building on what they learned in the Practical Payroll course. Whether you work directly in payroll or are responsible for the payroll function, you will find this course invaluable as it addresses many common pitfalls encountered in day-to-day payroll operations.

Most payroll professionals lack structured training and rely on knowledge they’ve acquired informally over the years. Regardless of your experience with the PAYE system, we guarantee that this course will give you new information that you can immediately apply to your work.

Course content: 

• Revenue approved company pension schemes
• PRSAs requirements
• Tax deductible pension contributions
• Options on leaving employment before retirement
• Treatment of contributions to, and payments received from, a PHI scheme and an Employee Protection Insurance Scheme
• Taxation of Illness Benefit, Maternity Benefit and Paternity Benefit
• Interaction of an employer’s sick pay scheme, maternity pay scheme or paternity pay scheme with Illness Benefit, Maternity Benefit and Paternity Benefit
• Termination Payments to include statutory redundancy, basic exemption, increased exemption, SCSB, life-time limit and reporting requirements
• Tax treatment of employment law compensation payments
• Income Tax and PRSI treatment of Directors’ fees and salaries
• PRSI and family employments