How To Calculate Payroll

Programme Aim

To provide participants with an understanding of payroll principles and how wages are calculated.To inform participants of the main payroll principles such as Standard Rate Cut-off, Tax Credits, Tax Status and Prsi Classes and then demonstrate how wages are calculated.

Programme Content

• Explanation to Participants of the following
• Standard Rate Cut-off
• Tax Credits
• Tax Status- Cumulative, Week1/Month1, Emergency
• Prsi Classes
  
• Calculation of Wages for the following situations;
  Hourly Paid, Gross Salary and Nett Paid.
• Explanation and demonstration of Revenue Forms and Returns;
  P45, P30, P46, P35 and P60.
  Questions