Payroll Update 2014

This course is suitable for staff engaged on P11D or payroll assignments, both in practice and business. It will also be useful for more senior staff with overall responsibility for payroll, finance or HR as a refresher and compliance reminder. The Objectives of the course are to: To update participants on changes in PAYE, NIC and the taxation of benefits, and to highlight changes coming through in the next year; To reflect on the first year of RTI and examine problem areas and to identify work needed to support smaller clients with auto enrolment.
The course will look at: Payroll year end reporting - IR35 declarations, year end declarations, Earlier Year Update function; RTI twelve months on - penalties starting now, key RTI issues, Annual schemes and their benefits, the easement for smaller businesses – where now? Penalties – late payment of PAYE in year, reasonable excuse appeals; Taxing benefits and reporting them on P11D – Changes to the taxation of benefits in the last two years, forthcoming changes in company car tax, common compliance problem areas, Payrolling benefits? Travelling expenses and tax relief; Auto enrolment staging dates – overview of preparation needed