Suitable for complete beginners, the ICB Level 3 Diploma in Payroll Management course delivers the comprehensive education and qualification needed for a career in payroll management. It’s also ideal if you have previously worked in payroll and requires around 50-65 hours of study time.
Latest edition covering 2020/2021 Tax Year
*Bonus* As well as the ICB Diploma, you will also receive ‘Sage 50 Payroll Professional’ Beginner and Intermediate Certificates.
Exam Fee up to the value of £75.00 Included
Pay in full to secure the biggest savings
It could be that you intend to set up your own Payroll business, add the skills to an existing bookkeeping and accountancy practice or simply gain a better understanding of manual and computerised payroll to deal with your own employees Payroll.
Often we find that this course is the ideal solution for those working in payroll, or have previously worked in payroll and have not received a qualification or for some wishing to return to working in payroll and need to update their knowledge.
The ICB Level 3 Diploma in Payroll management course does not require any prior qualifications or experience in Payroll.
The course includes:
- 2 x workbooks containing lessons, examples and tasks for Manual Payroll
- Model Answers workbook
- 19 x Assessments all available online
- 2 x workbooks covering ‘Sage 50 Payroll Professional’
- 1 x Computerised Payroll Revision Workbook
- 2 x ‘Sage 50 Payroll Professional’ Completion certificates (Beginner and Intermediate)
- ‘Sage 50 Payroll Professional’ software (unlimited use)
- Award winning qualified priority tutor support by e-mail and telephone
- 3 x Mock exams with tutor marking and feedback
- Free Postage and packaging
- Free Sage software consultation and up to 40% discount on your software requirements
- FREE access to ICB’s award-winning membership benefits scheme, ICBenefits
We assume you already have ICB membership, but as this course can be taken as a standalone qualification, we can arrange appropriate membership for you at the discounted rate of £30.00.
About this Course:
This course is based on providing the underpinning knowledge and practical aspects of the UK Payroll processes and systems.
The course covers in brief:
- Understanding the importance of accuracy and security in performing any payroll task including PAYE and National Insurance calculations for employees and directors
- Dealing with additional payments and allowances, via the Income tax system such as the payment of statutory payments for sickness, maternity leave, adoption pay and paternity pay and student loan repayments
- Understand and submit RTI, CIS scheme
- You will learn how to apply the necessary calculations and preparation of both a weekly and monthly payroll and submitting payments to HMRC
The Course Content tab contains a full breakdown of lessons and learning outcomes.
The computerised section of this course is based on using ‘Sage 50 Payroll RTI Professional’ software.
The package is suitable for all companies (as it is capable of dealing with unlimited employees and directors) and for a professional bookkeeper or accountant, and subject to upgrading, this software can be used for multiple clients.
Learning how to use this software eliminates the need for extra training and enables you to easily adapt to other computerised payroll software packages, plus enhance your CV when applying for jobs with larger companies.
We provide you with a full working version of the software for your studies. You will also receive two Sage Business Partner certificates; one for each level of the included ‘Sage 50 Payroll Professional’ courses.
The course is structured in a format that allows you to study in your own time and at your own pace.
Approximately 50-65 hours of average active study time. Just 3 hours a week of study will mean you could be qualified in less than 6 months!
NB – Software not compatible with macs. We suggest using Apple Bootcamp to install Windows.
Demonstrate knowledge and understanding of the theory of payroll
- Demonstrate a basic understanding of the law relating to payroll, discrimination, employment status, data protection and confidentiality
- Understand and explain the legislation for PAYE and National Insurance Contributions (NICs)
- Understand and explain the requirements of the Working Time Directive
- Demonstrate an understanding of the Statutory Minimum Wage
- Demonstrate an awareness of the legislation concerning the provision of a pension scheme and the different types of pension schemes together with the effect they may have on PAYE and NI deductions
- Demonstrate understanding of the schedule of submissions to HMRC under the “Real Time Information” (RTI) scheme
- Understand how a business may receive recompense for statutory payments including the effect of Small Employer’s Relief and when this may be applied
- Understand what information must be submitted to HMRC and the relevant deadlines that apply
Demonstrate knowledge and understanding of, and be able to calculate, the various payments that can make up an employee’s gross Pay
- Calculate 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
- Understand and explain statutory payments of sickness, maternity, paternity and adoption pay
- Understand the procedures to use when an employee is paid in advance for a period to be taken as paid holiday
Show knowledge and understanding of, and be able to calculate through the use of tables the amount of National Insurance Contributions that will be deducted from gross pay
- Understand and explain the difference between contracted in and contracted out NI contributions
- Use appropriate tables to determine the NI contributions for a gross pay figure
- Using the current legislation, calculate the NI contributions
- Be able to correctly calculate the NICs for an employee being paid for periods (such as holidays) in advance
Show knowledge and understanding of the concept of PAYE, together with the use of tax codes to correctly calculate the amount of PAYE to be deducted in a given period
- Understand how tax codes are calculated and applied
- Given a tax code to be applied, be able to calculate the amount of free pay that an employee may earn in any given period
- Determine the amount of pay that is taxable for an employee with a given tax code
- Determine the correct amount of PAYE to be deducted for a given period
- Calculate the amount of PAYE to be deducted when an employee is being paid in advance
- Understand how to deal with notifications of change in tax code issued by HMRC (Forms P6 and P9)
Show knowledge and understanding of other statutory deductions that can be applied to an employee’s pay
- Demonstrate understanding of the process used to repay student loans
- Determine the correct deduction towards repayment of a student loan
- Understand when and how an attachment of earnings may be used
- Demonstrate understanding of the requirement for directors NI deductions to be treated differently from ordinary employees
- Correctly calculate the NI deductions for directors using the “non-Cumulative” (“Alternative” or “Table method”) and the “Cumulative Director method”
Benefits in Kind (BIK)
- Understand the concept of BIK and the impact it has on an employee’s pay and their employer’s costs
- Calculate the appropriate costs and deductions when an employee is provided with the following benefits by their employer: company car, private fuel, loan, private health insurance, other common basic benefits assuming all required details are provided
- Understand how to complete forms P11D, P11D(b) and P9D with details relating to the above benefits and the deadlines by which they must be submitted
Construction Industry Scheme
- Understand and explain the basic principles behind the Construction Industry Scheme (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)
Understand and be able to complete the various forms that apply to a business running a payroll system
- Understand when and how to complete a P45 form and where each part should be sent / stored
- Demonstrate an understanding of how a P46 (starter checklist) form is completed and used
- Demonstrate an understanding of the use of form P11 with payments and deductions for directors and regular employees on various payment schedules, statutory requirements and with differing tax codes including when payments are being made in advance
- Accurately complete a P60 form at year-end for each employee
- Demonstrate an awareness of all other relevant payroll forms
Demonstrate practical skills in the application of a payroll package
- Utilising knowledge of the theory of payroll, demonstrate a full understanding of a sophisticated payroll package by 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
- Set 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
- To adequately secure the business’ payroll data, carry out periodic back-ups of payroll-related information
- Produce summary reports for defined periods
- Perform the necessary actions within the software to handle an employee leaving and produce the required documentation
- Configure a new employee within the software according to information provided
- Where possible, 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
We will pay for the cost of your exam (up to the value of £75.00) with this package.
The exam can be taken from home by assignment.
You have 14 days to access the exam once you’ve applied for it, and 24 hours to complete the paper once you have started it.
Results can take up to 28 days, although this is quite rare.
The cost of exams can increase at the discretion of the awarding body (ICB). We will pay for all exam fees up to the agreed value at the time of purchase, but any increase in exam fees will need to be paid for by the student.
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