When recruiting a new employee, it is important to observe HMRC’s rules and regulations concerning pay, tax, National Insurance contributions and employment status. This information must be reported accurately and on time, or you risk a penalty.
This course teaches you how and when to collect relevant information from new employees, how to process it safely and securely, and how to make sure new starters are paid correctly and on time from the beginning of their employment.
- When and how to collect information from new employees
- How to set up a new employee on your payroll system and report changes in employment status to HMRC
- How to use the information included in a P45
- How to set up student loan deductions when entering a new employee onto your system
- How to keep employee data safe and secure
- How to make sure your new employee receives their first wages on time
Delivered across five modules and one hour of learning — Introduction, Why HMRC Needs to Know Such Information, Student Loan Repayments, Ensuring Correct and On-Time Pay, and Storing Employee Information — this course is part of our Accounting & Finance courses and wider CPD Courses collection.
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