Introduction to Jersey Payroll
One day workshop (Ref: PJI12w) - Price - £429 + VAT
Request this course.
Please call: 01798 861111 to register your interest in this half-day course, let us know the area you would like us to run this course in.
If there is sufficient interest in any area we will run the course.
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Workshop Objectives
Employing people in Jersey - All Jersey residents have to self assess
Taxation
- Income Tax Instalment System (IT IS)
- What payments are liable and what is not
- Forms that need to be processed and submitted together with payments
- Procedures on what information is required and how tax is calculated
- Employer’s responsibility to employees
- Data to be issued and when it is required
- Understanding the Two Tier Tax system
- Tax Allowances
- Tax Exempt Limits
- Basic rate tax and Marginal rate
- Importance of Notice of Assessments
- Calculation of the Effective Percentage Rate
- Emergency Effective Rate
- Married couples, Earnings jointly assessed
- Arrears and overpayments of tax
- Penalties for late payments
Social Insurance
- Employees must register with Social Security
- Format of Social Security number
- 2 Classes of Social Insurance
- Class 1, Primary and Secondary
- Monthly Lower and Upper Earning Level
Incapacity & Maternity Benefits
- Notice Periods
- National Minimum Wage
- Benefits in Kind
- Fines & Penalties
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