CPD – Diploma in Payroll Management (Sage 50 Payroll)
CPD – Diploma In Payroll Management (Sage 50 Payroll or BrightPay)
Course Fee Details
Course Code:
CPD030
Course Fee:
£350.00
You can pay the full price or pay a deposit of £120.00 (0% APR), followed by 5 monthly payments of £47.50
Covering financial year 2023/24
You can complete this course using Sage 50 Payroll or BrightPay software
This course is CPD Certified and upon completion of all assignment work you will be awarded Certification via the CPD Service.
This course is also suitable for those who wish to possess a comprehensive knowledge of the payroll function, perhaps on top of other skills, such as bookkeeping & accounting, or as a stand-alone skill. Originally, this course was written to prepare students for an exam with the Institute of Certified Bookkeepers (ICB). If you do not have this affiliation and would like to consider applying for membership please follow the course link below.
ICB Members, or prospective ICB Members should follow THIS LINK (same course, different exam provision)
There are no entry requirements
Ideal Schools will provide:
- Interest free payment option – NO credit checks or 3rd party finance
- All Study Materials provided in two presentation folders
- Online access to ALL training materials – study on the go!
- 1 year tutorial support via phone, email & 24/7 support via private Facebook groups
- Sage 50 Payroll software (180 day license) or BrightPay (unlimited training license)
- Continuous Self Progress tests & Answers
- 16 x tutor marked assignments
- Professional CPD Service Certification
Course Software Options - as you reach this section of study you'll be asked which software you'd prefer to use:
Sage 50 Payroll (180 day license) Windows 11, Windows 10, Windows 8.1, Windows 7; Intel 2.0 GHz processor; 2 GB DDR3 RAM; 5 GB Hard Drive. BrightPay - (unlimited license) Will operate on Windows or IOS (perfect if you are a MAC user)
Study Time:
Approx 90-100 hours
Monthly Payment Notice
We do not charge interest for monthly payments. To cover costs of additional security measures recently implemented in the banking system, there is a £1.50 charge added to each monthly payments to cover the cost of applying these measures in our systems.
What your course will cover:
This qualification covers the theoretical knowledge and demonstration of the use of various tables and publications issued by HMRC and the demonstration of how to carry out computerised handling of payroll related matters. You must be able to demonstrate their ability to understand and carry out processing of the following:
Theory of payroll, including:
- Understand of the law relating to payroll, discrimination, employment status, data protection and confidentiality
- The legislation for PAYE and National Insurance Contributions (NICs)
- The requirements of the Working Time Directive
- The Statutory Minimum Wage
- Pension scheme and the different types of pension schemes together with the effect they may have on PAYE and NI deductions
- The “Real Time Information” (RTI) scheme
- Deadlines that apply for submitting information to HMRC
Calculate, the various payments that can make up an employee’s gross Pay, including:
- The correct gross pay for each pay period for employees who are paid an annual salary, weekly wage, hourly pay, overtime, piecework and bonuses including statutory payments when appropriate
- Statutory payments of sickness, maternity, paternity and adoption pay
- Paid holiday in advance
National Insurance Contributions:
- Contracted in and contracted out NI contributions
- NI contributions for a gross pay figure
- NICs for an employee being paid for periods (such as holidays) in advance
PAYE:
- Tax codes
- Calculate the amount of pay that is taxable for an employee with a given tax code and PAYE to be deducted
- Change in tax code issued by HMRC (Forms P6 and P9)
Statutory deductions, including:
- Student loans, and Attachment of earnings
Directors:
- NI deductions for Directors
- NI deductions using the “non Cumulative” (“Alternative” or “Table method”) and the “Cumulative Director method”
Benefits in Kind (BIK):
- The impact BIK has on an employee’s pay and their employer’s costs for; company car, private fuel, loan, private health insurance, other common basic benefits assuming all required details are provided and complete
- Forms P11D, P11D(b) and P9D with details relating to the benefits and the deadlines by which they must be submitted
Construction Industry Scheme (CIS):
- The basic principles behind CIS
- Understand the duties of a contractor to verify sub-contractors
- Correctly calculate the amount of tax to be deducted if applicable
- Understand how to make appropriate adjustments to payments to HMRC for CIS tax
- Accurately complete a CIS300 form at month-end for a contractor business in the construction industry
- Accurately complete a CIS132 form at month-end for a subcontractor business in the construction industry
- Understand the duties of a sub-contractor to submit relevant invoices within appropriate timescales
- Explain why tax may be deducted at source from such an invoice
- Understand the different methods of reclaiming tax deducted depending on the legal entity of the business (i.e. sole trader v limited company)
Various forms that apply to a business running a payroll, including:
- P45, P46, P11 & P60
Using a Computerised payroll package (Sage 50 Payroll or BrightPay software):
- Installing, setting up, configuring and using it to produce accurate, comprehensive reports from a range of payroll scenarios encountered in a business of up to 10 employees.
- Setting up the details of a new business including appropriate company and existing employee details. Some existing or new employees may be directors who undertake to have their NI deducted using different methods or employees who work irregular hours. Enter and process payroll for a variety of different pay periods and produce reports detailing gross pay, deductions and net pay for each period
- Periodic back-ups of payroll-related information.
- Produce summary reports
- Deal with new employees, and employees leaving
- Carry out or simulate a month end procedure under RTI and produce a number of required reports including potential adjustments resulting from CIS deductions and any other recoverable amounts. Note: under the new RTI scheme it is impossible to produce the month end information unless you are using a live business. Be prepared to be able to show what information would be submitted or to explain how this would work
Note: the ‘Basic PAYE Tools’ package provided by HMRC does not offer the level of sophistication required to cover this part of the syllabus.
Scenarios may include:
- Making advance payment of holiday pay to an employee
- Making a bonus payment to a defined range of employees
- Configuring an attachment of earnings
- Setting up a pension scheme for a range of employees.
- Making Statutory payments for Sickness, Maternity, Paternity, Adoption
- Processing a change to an employee’s tax code or basis under which a tax code operates
- Configuring deductions of student loan repayments
Target Group
The course is designed to appeal to those who wish to set up a manual or computerised payroll system for their business or for their clients, and also for those who are aspiring to become professional payroll processors.
This course is suitable for those of you:
- Who are new to payroll and who wish to acquire the skills and knowledge required of payroll clerks prior to employment.
- Who have previously worked in payroll and have not received a qualification.
- Who wish to return to working in payroll and need to update their knowledge.
- Who are already employed in payroll processing or allied roles and who wish to ensure that they have both a firm foundation and the knowledge and skills to perform some non-routine tasks.
- Who wish to acquire the skills to use the Sage software for their business or help their clients set up their payroll system.
- Who wish to offer a payroll service to their clients.