Overview of Payroll in Ireland 2020
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Country
Ireland
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Material Year
2020
An overview of processing payroll in Ireland
Don’t be fooled into thinking that because Ireland uses very similar terms to the UK then payroll processing is the same. There may be references to P35, P45, P60 and PAYE but calculating pay in Ireland is very different.
Employers have to process PAYE, PRSI (Pay Related Social Insurance) and USC (Universal Social Charge) and the various credits and allowances can appear to be counterintuitive.
Having attended this on-line course delegates will have confidence that they understand the fundamentals of payroll processing in Ireland, are clear about employer obligations, know what they need to do both on a periodic and an annual basis, can answer employee queries and check payslips.
Even if payrolls are outsourced it is still the employers responsibility to ensure all obligations are met and that tax and social security are correctly processed. This course not only gives you the information you need to be compliant but also ensures you know exactly what information should be given to a payroll provider and the various tasks they should be completing on your behalf.
Module One:
- Country overview
- Business culture
- Glossary of terms and abbreviations
- Employer obligations
- Statutory Deductions
- Types of Leave
Module Two:
- Net pay and making payments to employees
- How to read a payslip
- Special types of employees/employments
- Year end
- Record keeping
- Covid-19
Other means of training
Click here to attend this course virtually
Click here to attend this course in classroom