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Payrolling benefits and legislation update

Chartered Institute of Payroll Professionals
Course summary
1 day
Online courses
Next available date: Enquire for details - Online courses

Course description

This course covers the statutory framework for payrolling benefits, highlighting the implications and opportunities, as well as the tax and National Insurance contributions (NICs) treatment of expenses and Benefits In Kind (BIK).

Who is this course aimed at?
Payroll and HR professionals in management or supervisory levels who are responsible for implementing an effective expenses and benefits policy where benefits are processed through the payroll.

Suitability - Who should attend?

Payroll and HR professionals in management or supervisory levels who are responsible for implementing an effective expenses and benefits policy where benefits are processed through the payroll.

Outcome / Qualification etc.

On completion, delegates should be able to:
- Appreciate the importance of maintaining policies and processes to ensure compliance
- Avoid risks of HMRC revoking dispensations or challenging expense policies
- Confidently meet their obligations and responsibilities to their employer, employees and HMRC
- Take full advantage of the latest statutory exemptions and the streamlined procedures, and understand the benefits and pitfalls

Training Course Content

Statutory exemption for qualifying business expenses

- How to reduce the risk of revocation and back-dated tax liability

- Transitional arrangements for bespoke scale rates

- End of the dispensation regime

Review current expense policies
- Earnings where employees are entitled to income tax deduction
- What needs to be reported to HMRC
- Travel and subsistence
- Homeworker
- Current benchmark scale rates for meal allowances


Statutory exemption for trivial benefits
- Identifying trivial benefits
- Restrictions
- Effect on end-of-year reporting

Abolition of the £8,500 threshold
- Impact on benefits for low earners
- How this affects employers
-Impact on end-of-year reporting

Pay As You Earn Settlement Agreements (PSAs)
- Setting up a PSA
- Items that can be covered
- Calculating tax and Class 1B NICs liability
- Renewing or cancelling PSA

Voluntary payrolling of Benefits In Kind (BIK)
- The statutory framework for payrolling explained
- Implications for employees and employers
- Impact on tax codes and procedures
- Benefits that can be included and calculate their cash values
- Effect on end-of-year reporting

Expenses

Prices for this course are as follows;

CIPP Members price £384 + VAT

Non members price £484 + VAT

About provider

Chartered Institute of Payroll Professionals - Leading training provider of Payroll & Finance Courses

The Chartered Institute of Payroll Professionals (CIPP)

           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 association for payroll, pensions and reward professionals in...


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Contact info

Chartered Institute of Payroll Professionals

Goldfinger House
245 Cranmore Boulevard, Shirley
B90 4ZL Solihull

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www.cipp.org.uk


Reviews

Average rating 5

Based on 2 reviews

Fiona Smith
(5)
Great course, well delivered
Jayne White
(5)
Really good course, a lot of detail and good examples given to help the understanding. Really good trainer and made the course enjoyable!
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