Overview
Whether you’re a complete beginner looking to learn the essential knowledge and skills needed to work in payroll, or a more experienced bookkeeper looking to gain a nationally recognised and respected qualification, our ICB Level 3 Diploma in Payroll Management is the course for you!
Specifically designed for those who want to learn Sage from home and develop their computerised payroll bookkeeping skills quickly and conveniently, this ICB payroll course and qualification covers all the theoretical knowledge you’ll need, along with helpful demonstrations including tables and publications issued by HMRC. In short, if you’re a bookkeeper, plan to work as one, or simply want to keep your company’s payroll affairs in excellent shape, then this payroll course is essential. After you’ve completed this course, you’ll have free ICB student membership (Institute of Certified Bookkeepers) for six months, along with six months’ free access to Sage Payroll, the most commonly used bookkeeping software.
What you'll learn
In this section, you’ll learn about all the different elements of the payroll system, such as PAYE and NICs, as well as other elements like national insurance contributions, and look at how to figure out exactly which employees should be subject to which deductions. You’ll also look at tax codes and pay as you earn, with practical examples to help you figure out how to apply a tax code to calculate the amount due on a weekly and monthly basis. Moving on, you’ll look at directors’ payroll, as well as using PAYE in Scotland and Wales, as well as gaining an understanding of statutory and voluntary deductions, and much more!
In the second section, you’ll look at the various reasons K codes are used, and how to apply them. You’ll also study and understand entitlements to statutory maternity, paternity, and adoption pay, as well as how to calculate the relevant amounts due to employees who use these schemes. Next, you’ll look at calculating student loan deductions, and understand the nature of voluntary deductions. Moving on, you’ll look at pensions and benefits in kind, calculating the benefit that arises from company policies such as car and private medical schemes. Finally, you’ll aim to understand the basic theory that underpins the tax-deduction scheme of the construction industry, why the scheme was set up, how to identify who needs to be registered, and more.
In this section, you‘ll learn how to run practice pay runs and use payroll software. Once you’ve completed this section, you’ll be able to produce summary reports and payslips. Find out how to correct payroll runs, pay monthly staff and calculate how much is owed to HMRC. Discover the processes for producing a P45 for a leaver, entering holiday entitlement and adding a new employee to payroll software. You’ll also enter details of staff sickness and maternity leave, and understand how to calculate Statutory Sick Pay (SSP) when needed as part of a salary. You’ll then look at how to respond to notifications of changes to tax codes, enter details of student loan deductions and add an employee to workplace pension schemes. Finally, you’ll find out the procedure for reconciling year-end figures and printing out the necessary year-end reports.
Extra info
Awarding Body
Specialising in Bookkeeping courses, The ICB need no introduction, they are the biggest institution of its kind in the world. Effortlessly and professionally maintaining the high standards of bookkeeping as a profession.
Endorsed by
Course Outcome
At the end of this course, you will be able to work as a payroll clerk, and you’ll also receive an official certificate of completion from The ICB.
How is this course assessed or examined?
There is one assessment (P3). Successful candidates will need to pass just this one online exam to gain the full qualification, at an additional fee of £75 and this exam is taken via The ICB portal on your computer at home.
Entry requirements
No prior bookkeeping knowledge is assumed at this level but candidates must have basic numerical skills.
