Module 5: PAYE, Payrolls and Wages
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Module 5: PAYE, Payrolls and Wages
In this module, you will learn:What is PAYE, when is it used, and the basics of running a payrollYour responsibilities while running a payrollPayslips and reporting to HMRCWhat the PAYE Settlement Agreement isHow to report expenses and benefits you give to your employeesWhat Tax Codes are and how to use them as an employerThe National Minimum Wage and types of work5.1 OverviewIn the UK, Pay-As-You-Earn (PAYE) is a system set by HM Revenue and Customs (HMRC) to collect statutory payments fro...
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Tax Accounting Module 5 Recap Test
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