Level 2: Payroll Legislation
Application and detail of regulations relating to taxable Maternity & Illness Benefits, Local Property Tax, Expenses, Annual and Public Holidays, Redundancy & Termination Payment and the CSO (EHECS & NES) Surveys. Update to include the Budget changes.
1. Welfare Benefits (Maternity & Illness…. both taxable! What to do?)
- When should an Employee apply?
- Maximising savings to the Employee and/or the Employer
- New taxable payments (how and what needs to be recorded)
- Requirements of the Employer and the Employee
- How to Process the relevant payments through the payroll
- Understanding the Tax and PRSI implications
- Example Calculations and Suggested ways of Processing Payments
- Understanding the Relevant Payroll Legislation
- Do’s and Don’ts for the Employee and the Employer
2. Termination and Redundancy Payments (How to pay, and what paper work is needed!)
- Statutory and Non Statutory Redundancy
- Non Taxable, PRSI & USC Income Levels
- How to Maximise an Employee’s Tax Exemption
- How to Minimise an Employers Costs of Payment
- Understanding the Relevant Payroll Legislation
- Do’s and Don’ts for the Employee and the Employer
- Relevant Employee & Employer Reports forms.
3. Annual Leave/ Public Holiday (What are the employees entitled to?)
- Annual Leave entitlement for employee’s (Full-Time, Part-Time, Casual, Job-Sharing, etc)
- Sick Leave (while on Holidays!)
- Employee entitlements, Working Time Act – Possible Problems, and how best to avoid them
- Public Holidays entitlement for employee’s (Full-Time, Part-Time, Casual, Job-Sharing, etc)
- Sick Leave (while on Holidays!)
4. Expenses (What can be paid? How to record them!)
- Expenses that can be paid to employees
- Records to be kept
- Motoring and Subsistence Rates
- When are expenses deemed to be income?
- Round Sum Payments & Expenses paid by allowances
5. Local Property Tax (LPT) (Employee / Employers Requirements)
- Employee payments of LPT via payroll.
- Know how and when to act. (Either the Employee OR Revenue may demand requests payment of LPT)
- Learn who is responsible for the payments (penalties for late payment)
- What forms and documentation is required? (New/amended forms)
- Cessation of employment (Requirements where there is an outstanding LPT charge)
- When and how are the deductions to be returned to Revenue?
6. Required Surveys for the Company’s Statistics Office
- CSO Surveys EHECS & NES (What are they? How to complete them?)
- Who should fill it in and when?
- Details to be included?
- Payroll and non-Payroll Information.
- Penalties for not completing?
Please Note the Payroll Legislation course content maybe subject to change, when possible advance notice shall be issued.