Introduction to Jersey Payroll
One day workshop (Ref: PJI09w) :: Price - £397 + VATWorkshop 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
Dates & Venues
New dates and venues for this course will be announced soon.
In the meantime, any of our courses can be delivered in-house or tailored with our pick 'n' mix options to meet your specific needs.
Call our office on 01295 225500 for more details.
To receive a copy of our new prospectus as it becomes available visit the contact us page.