Understanding the PAYE System Certification

Course Code:
Duration:
0.50 hours
Qualification:
Understanding the PAYE System Certification
Exams Included:
Yes
Compatibility:
All major devices and browsers
Delivery method:
Online (In-house also available )
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Understanding the PAYE System Certification
All workers and employers in the UK, including the self-employed, are part of the PAYE system. Introduced in 1944 by HMRC, it is designed to make the process of paying tax, National Insurance, and other deductions much simpler.

In this course, you will learn about how the PAYE system works, how tax codes ensure employers deduct the correct amount of tax from their employees’ pay, how self-employed people pay taxes, and the importance of using appropriate software to submit payment submissions.

You Will Learn:
How the UK PAYE system works
How tax codes work, and what the various tax codes mean
How and when you need to send information to HMRC
How to choose the best software to use to help manage your payroll
How self-employed people navigate the PAYE system
Benefits of Taking This Course:
If you are responsible for overseeing the payroll at work, this course will help you navigate the PAYE system
If you are self-employed, this course will help you ensure that you meet your obligations under the law with regards to paying tax and National Insurance
If you are choosing a new piece of payroll software for your company, this course will give you valuable guidance
If you are an employee, this course will help you make sure that your tax code is correct

Course Modules/Lessons
Module 01: Introduction to PAYE
Module 02: What are Tax Codes and why are They Important
Module 03: PAYE Software and HMRC
Module 04: How Does the PAYE System Differ to the System in Place for Self-employed People?