Payroll Year End Returns Workshop

Full day seminar (Ref: PYE08w) :: Price £397* + VAT
(Book Online £377* + VAT)

*Since 1st Jan 08 this course held in Central London is £447 + VAT, online price will be £427 + VAT.

Delegates limited to 12

Workshop Aims

This essential one-day workshop prepares delegates for all aspects of the payroll year-end reconciliations and reporting.

All of the following payroll year-end returns are considered in depth, the P14 summary, P60 certificate, P38(S) for students, P35 return, and P38A supplementary return.

A very busy time for payroll

For the year-end to be a success, sound procedures and controls are essential throughout the year. Nevertheless, the tax year-end is a very busy time in the payroll department, reconciling and clearing down year-end balances, adjusting employee tax codes, setting parameters for the new tax year, making final payments to the Collector by the April deadline, completing all of the payroll summaries and returns by the May deadline.

Please note: Forms P11D, P11Db & P9D are not covered on this workshop.

(For full in-depth coverage of P11D returns, see the one-day Advanced Payroll - Expenses & Benefits Workshop)

Step-by-step approach

Like the other workshops in this advanced payroll series, a step-by-step approach to learning is used, supported by practical scenarios and exercises, to ensure that delegates learn to complete year-end returns by example, discussion and practice.

Those who would benefit the most

This is an essential and comprehensive workshop for all payroll, personnel and accounts staff that have some or full responsibility for compiling the information and/or completing year-end returns.

What each delegate will receive:

Tutor-led easy-to-follow practical training
Valuable comprehensive workshop reference manual
Unique handouts and exercises
Professional CPD certificate of participation and attendance
Refreshments and lunch

After the workshop:

Free telephone helpline
Free email newsletter
Free web access to payroll tools and Resources

Workshop Conclusion

Awareness of responsibility

After completing this comprehensive workshop, delegates will have a clear understanding of how to prepare for and complete all of the different payroll year-end returns, an awareness of the obligations and responsibilities imposed by the legislation, and a determination to avoid the penalties for getting it wrong.

Questions are encouraged

Questions are encouraged throughout the day and the tutor will give practical support and guidance.

Workshop Programme

Year-end Basics

The timetable for submission of year-end returns, the penalties for inaccurate or late returns, electronic submission options

Year-end Preparation

Pay period reconciliations throughout the year, year-end document checks of tax and NICs certificates including Employers Contracted-out Scheme Number (ECON), Scheme Contracted-out Number (SCON), Payroll Giving Scheme, Certificate of Election, Certificate of Age Exception and Certificate of Deferment. The year-end clear-down procedures, preparing for weeks 53, 54 and 56, applying P9X and P7X instructions for uplifting tax codes, tracing missing NI numbers.

Year-end Returns

Step-by-step review of each year-end return, including P14 End of Year Summary, P60 End of Year Certificate, P38S Students Employed During the Holiday, P35 Employer's Annual Return, Employer's Supplementary Return P38A
How to complete each form and many valuable tips on year-end procedures

Electronic Filing

The Government's timetable for compulsory electronic filing of year-end returns, the pros and cons of the different filing methods - Electronic Data Interchange (EDI) and Internet Services for PAYE (ISP), step-by-step instructions from registering through to the completion of returns.

Continuing Professional Development

Highly recommended as an In-house course.

Part of the Advanced Payroll Technician course which can lead to a professional payroll qualification.